Clarifying the Position of Developing the Professional Competence of Managers in Determining the Key Roles of the Body Supervising Pension Funds

Abbasnia, Seyyed Mohammad

doi:10.48301/kssa.2023.376296.2375

Clarifying the Position of Developing the Professional Competence of Managers in Determining the Key Roles of the Body Supervising Pension Funds

Document Type : Original Article

Author

Seyyed Mohammad Abbasnia

Assistant Professor, Department of Accounting & Management, Payame Noor University, Tehran, Iran.

10.48301/kssa.2023.376296.2375

Abstract

The study of pension funds in the Iranian economy indicated that these funds currently have some problems for various reasons. The professional competence of managers in such funds and their social, political, and economic dependency, interests, or tendencies are the main issues in the governance of pension funds. Accordingly, the strategy of developing the professional competence of managers should be considered due to the roles which should be determined for the monitoring body of pension funds in accordance with the social-economic conditions of Iran. In this study, based on the qualitative paradigm, the thematic analysis method, themes analysis, optimization of international monitoring models, and upstream documentation analysis were simultaneously used. The role of the body monitoring pension funds as well as the principles of good governance in social security organizations with a focus on human resources policies based on international standards were identified and then finalized through interviews with 14 experts. After design, the final model was scrutinized with the focus group technique. The research findings categorized the roles of the body monitoring the pension funds at five levels of licensing, monitoring, intervention and correction, analysis, and communication in response to the first question. To answer the second question, nine instructions related to the professional competence of managers including instructions linked to the determination, approval, and control of the professional competence of the board of directors and managers as well as instructions related to the determination of human resources policies were selected.

Keywords

Pension Funds

Regulation and Monitoring

Human Resources Capacity Building

Competence of Managers

Monitoring Body of Pension Funds

Roles of Monitoring Body

Subjects

Accounting

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