Presenting a Corporate Governance Model with an Organizational Entrepreneurship Development Approach (Case Study: Keshavarzi Bank of Iran)

  • Kamran Rasouli, Parviz Saeidi( Corresponding Author), Mahmoud Reza Cheraghali, Mohammad Bagher Gorgi

Abstract

The objective of the present study is to present a corporate governance model with an organizational entrepreneurship development model in Keshavarzi Bank of Iran. The present study is an applied study in terms of objective and quantitative and qualitative in terms of method, and mixed-explanatory in terms of approach. The statistical population of the present study in the qualitative phase of the university included professors, managers, and experts in banking, and in the quantitative phase, it included all the employees working in different management and executive areas of Keshavarzi Bank.  In the qualitative section of the research, snowball sampling was done and this section reached theoretical saturation after interviewing 20 experts. The sample size in the quantitative section was calculated at 377 people based on Cochran's formula. The questionnaire was distributed among 400 people for more confidence and sampling was done by random sampling method. The data collection tool in the qualitative phase was a questionnaire containing open-ended questions for the interview, and in the quantitative phase, it included a researcher-made questionnaire that its validity and reliability were assessed and confirmed by various methods.  Interview transcripts were analyzed through MAXQDA 2018 software and the dimensions and components of the model were identified. Then, the research model was evaluated using a confirmatory factor analysis approach and Smart PLS 2.0 software and all its dimensions and components were confirmed.  The results of the qualitative and quantitative analysis showed that the corporate governance model with the organizational entrepreneurship development approach consists of three dimensions, including structural, environmental and behavioral.  However, the results of factor analysis showed that all three dimensions had a high impact on the corporate governance model. The behavioral dimension consists of two components of personal characteristics and interpersonal skills, environmental dimension includes four components of employees, the board of directors, shareholders and customers, and structural dimension includes five components of organizational culture, transparency, participation and teamwork, organizational values, ​​and organizational norms.

Published
2020-12-01
Section
Articles