Presenting a model of corporate entrepreneurship with corporate governance approach

Abstract

Purpose The purpose of this paper is to design a model of corporate entrepreneurship (CE) considering corporate governance in the brokerage industry. Design/methodology/approach The research method is qualitative using grounded theory as the method for research operation. The qualitative data were collected using an in-depth interview technique. Using snowball sampling method, 18 chief executive officers of Iranian brokerage listed in Iran’s Securities and Exchange organization were selected for the current study. Findings The findings of the study showed that CE at inbound, outbound and composition is defined as strategies that enhance corporate governance. Research findings also recommend that by using CE strategies corporate governance will be enhanced in the brokerage industry. Research limitations/implications Possibility of proper applying, deploying and implementing CE and its various methods will require the necessary fields and infrastructures in the considered organization. On the other hand, according to the research results, at inbound, outbound and composition levels, CE is defined as a practice or strategy that enhances corporate governance. Practical implications This study established that corporate governance in the Iranian brokerage firms is weak. The aforementioned firms do not have particular units to deal with stock market risks. The findings explain why some Iranian brokerage firms either collapsed or were facing financial distress. The research therefore recommends that Iranian brokerage firms should strengthen their governance structure and risk mitigation mechanisms. Therefore, CE practice facilitates the development of appropriate strategic actions for brokerage corporate success. Originality/value This study has been conducted due to the lack of theoretical literature in CE to deal with the ultimate goals of corporate governance in the brokerage industry.

A framework of urban entrepreneurship for women breadwinners

“…value creation, growth and innovation). Ziyae (2018) has studied discrimination and women entrepreneurship in Georgia. The results indicate that there is still a gap of inequality between women and men in employment, education and upbringing and income distribution.…”

“…In another study, Ziyae (2018) investigates the reasons for apparent differences in entrepreneurship rates in rural and urban areas. He showed that the determinants of dissimilar characteristics for urban and rural entrepreneurship are in two aspects: one is the contextual resources; the other is in business skills.…”

“…The results indicate that women, upon entering small businesses and establishments, encounter some limitations in accessing formal and informal financial resources (Heinzen et al, 2019; Rosi et al , 2018; Tummers, 2016; Haltiwanger et al , 2013). The advent of urban entrepreneurship compliant with the scaling of city policies toward economic growth and local government participation is to be adequately considered (Zellweger et al , 2019; Ziyae, 2018; Qian and Haynes, 2014; Arregle et al , 2012).…”

“…The results indicate that women, upon entering small businesses and establishments, encounter some limitations in accessing formal and informal financial resources (Heinzen et al, 2019;Rosi et al, 2018;Tummers, 2016;Haltiwanger et al, 2013). The advent of urban entrepreneurship compliant with the scaling of city policies toward economic growth and local government participation is to be adequately considered (Zellweger et al, 2019;Ziyae, 2018;Qian and Haynes, 2014;Arregle et al, 2012). Brush et al (2018), in a research on urban entrepreneurship, introduced the introduced supportive financial mechanisms, smart urban economy, commercialization of ideas and the existence of urban markets as the most critical factors affecting urban entrepreneurship.…”