Investigating the Impact of fFinancial Strategy on Employee Activities ‎with ‎Emphasis on the Mediating Role of Research and Development (Case ‎Study: Faran Shimi Pharmaceutical Company)‎

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Article Type:
Case Study (بدون رتبه معتبر)
Abstract:
Objective

In order to improve performance and gain competitive advantage, companies must provide optimal and appropriate financial strategies to provide the basis for The prosperity and development of the company's research and development activities. Implementing a financial strategy tailored to research and development activities can lead to innovation and ultimately better corporate performance. Therefore, given the importance of this study, the purpose of this study is to investigate the impact of the financial strategy on the performance of Faran Chemical Pharmaceutical Company's staff, taking into account the company's research and development variable.

Purpose

The purpose of this research is to investigate the effect of financial strategy on the performance of employees of Faran Shimi Pharmaceutical Company, taking into account the mediating variable of the company's research and development.

Methodology

This paper is an applied research not scrutiny and in terms of data collection Descriptive survey. Standard questionnaires have been used to compile data. All the employees of Faran Shimi Pharmaceutical Company constitute the statistical population of the research169 people from the statistical population were selected as sample through simple random sampling. In this research,
Structural equation modeling through  Lisrel software was used to test the hypothesis and ‎SPSS software was  used to analyze the data.

Findings

According to data analysis, since the research  hypotheses were significant, they were confirmed. This indicates ‎that the financial strategy of employee performance in Faran Chemical Pharmaceutical Company With mediating effect of  R&D activities of the company Company research and development has a positive and significant impact. This means that, in addition to direct impact on performance, the financial strategy also has an indirect performance through research and development activities Indirect effect on the  improvement of the performance ‎. Because research and development activities directly affect the performance of the company.

Conclusion

According to the findings, Whereas, research and development activities ‎play a mediating role, Faran Company senior executives need to select and implement appropriate financial strategies in the various areas of the company, especially research and development in the field of financial strategy, so that they can play an important role in improving the performance and progress of the Company.

Language:
Persian
Published:
Journal of Entrepreneurship and Innovation Research, Volume:2 Issue: 4, 2024
Pages:
40 to 54
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