Designing and creating a value scheme in a holding company: A study on Mapna Group

In the last three decades the study on value and ethics has gained momentum in business and public organizations and become an ongoing subject of management studies. In the past, financial capital was a major factor to delineate a corporation standing, but, due to the recent worldwide corporate financial infringements, the value and ethical issues rose to one of the most debated topics in management theory and practice. This study aims to design and originate a corporate value scheme in Mapna Group. The research strategy was an action research. Data was collected during 1391 to 1394 by a vast semi-structured interviews, panel studies, and Delphi method. Because of the nature of the study, participants included the Mapna’s HR managers and experts; a number of university professors and doctoral students concerned with the field. Based on the literature, interviews and panel studies the initial value scheme was developed. Then, the scheme containing of three class of normative, cognitive and regulatory mechanism was validated by the consensus of experts who participated in a three round of Delphi questionnaire.