International journal of management sciences and economic
E-ISSN: 2345 - 637x
P-ISSN: 2345 - 222x
Considering the Effect of Structural Capital Efficiency on Profitability in the Insurance Companies Accepted in Tehran Stock Exchange
Alireza Beiranvand *1, Mohammad Azim Khodayari2
In fact structural capital efficiency forms an important part of insurance companies’ assets. Considering structural capital efficiency changes in the recent years at insurance companies of the country indicate that they have experienced, some downturns, some upturns and some irregular changes. Then of course structural capital efficiency is converted to a strategic asset for company to be effective in its competitive function. Objective: considering effect of structural capital efficiency on profitability in the insurance companies accepted in Tehran Stock Exchange. Method: this research with respect to method includes researches type of descriptive correlation. statistical population of the research include all accepted insurance companies in Tehran Stock Exchange which the reason for selection of these companies as statistical population , has been ease of access to audited financial statements of them and access to the companies’ stock return in various dates. In this research using method of multistage sampling by systematic omission of12 active insurance companies in Tehran Stock Exchange during time slot of 2011 up to 2015, they were selected as samples, Eviews8 statistical software has been utilized for data analysis. Findings: the present research results indicate that structural capital efficiency effect on profitability at accepted insurance companies in Tehran Stock Exchange. Conclusion: existence of structural capital efficient in insurance companies will lead to competitive function improvement and as a result growth of profitability.