Designing a Model of Financial Flexibility Functions for Industrial Infrastructure Development of Abadan Oil Refining Company

Subject Areas : Financial and Economic Modelling

Kiomars Darabpour ¹ , saber Molla Ali zadeh Zavardehi ² , Allah karam salehi ³

1 - Department of Industrial Management,Masjed-Soleiman Branch,Islamic Azad University,Masjed- Soleiman, Iran
2 - Department of Industrial Engineering,Masjed-Soleiman Branch,Islamic Azad University, Masjed-Soleiman, Iran
3 - Department of Accounting, Masjed-Soleiman Branch,Islamic Azad University,Masjed-Soleiman, Iran

Received: 2021-12-12 Accepted : 2022-02-08 Published : 2023-07-01

Keywords: Propositional Themes of Financial Flexibility Functions, Abadan Oil Refining Company, Total Interpretive Structural Modelling,

Abstract :

The purpose of this study was designing a model of financial flexibility functions for industrial infrastructure development of َAbadan oil refining comIn this study,12 financial management specialists at the university level and the company participated as panel members in the quality department. In fact, in the qualitative part, which used Meta-synthesis and Delphi analysis, the aim was to identify the propositions of financial flexibility functions for the development of industrial infrastructure, and then in a small part with the participation of 18 managers and deputies of Abadan Oil Refining Company, Findings: Therefore, relying on meta-synthesis, first 14 studies were reviewed as a basis for evaluation to determine the themes of the statements of financial flexibility functions for the development of industrial infrastructure in the form of critical evaluation, based on which, 24 themes of selected propositions were entered into Delphi analysis in a checklist manner to determine the theoretical adequacy. In this stage, 4 propositions were removed during the two stages of Delphi analysis and a total of 20 propositions entered the quantitative analysis section, ie Total Interpretive Structural Modelling. In this section, the results show the themes of the statements of financial agility in the development of industrial infrastructure (P12); Reduction of financial constraints in providing resources for industrial infrastructure development (P17) and dynamics of evaluation of industrial infrastructure development plans (P18) were selected as the last level of the most effective reasons for financial flexibility for industrial infrastructure development in Abadan Oil Refining Company.

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