Designing and explaining the structural model of the financial agility of the supply chain process of companies through the structural equation modeling approach

Subject Areas : Financial Engineering

Seyyed Mohammad Reza Khalilzadeh ¹ , Parviz Saeidi ² , Arash Naderian ³ , Eebrhim Abbasi ⁴

1 - Department of Accounting, Aliabad Katoul Branch, Islamic Azad University, Aliabad Katoul, Iran.
2 - Department of Accounting, Aliabad Katoul Branch, Islamic Azad University, Aliabad Katoul, Iran.
3 - Department of Accounting, Aliabad Katoul Branch, Islamic Azad University, Aliabad Katoul, Iran.
4 - Department of Accounting and Finance, Alzahra University, Tehran, Iran.

Received: 2022-01-26 Accepted : 2022-08-23 Published : 2022-08-23

Keywords: structural equation modeling, Supply chain process, Financial agility,

Abstract :

Purpose: The current study was conducted with the aim of designing a model of financial agility in the supply chain process of companies through the structural equation modeling approach.Methodology: The research method is descriptive-applied and exploratory-qualitative in terms of its purpose. The statistical population of this study included managers, business experts, and university professors. The sample included 384 participants who were selected based on Karjesi and Morgan sampling method. The data collection instrument was a semi-structured questionnaire. To determine the validity of the questionnaire, the content analysis approach and interviews with academic experts were used, and to determine the reliability of the questionnaire, both Cronbach's alpha coefficients and composite reliability were used. To analyze the data and explain the research model, first, the fuzzy Delphi method was used to find the effective items of the present study. Then, using exploratory factor analysis, first-order factor analysis, second-order factor analysis, and structural equation modeling (SEM) were used to determine and explain the final model.Findings: The findings of the first hypothesis of this study showed that there is a significant positive relationship between the causal conditions and the central category. The result of the second hypothesis showed a significant positive relationship between contextual factors and the central category. The result of the third hypothesis indicated that there is a significant positive relationship between the intervening factors and the central category. The result of the fourth hypothesis showed that there is a significant positive relationship between core category and key strategies. Regarding the result of the fifth hypothesis, the findings showed that there is a significant positive relationship between the strategy and the expected outcomes.Originality / Value: According to the results obtained in this study, it can be said that based on each of the intra-organizational, technological and human factors in the supply chain process of commercial companies, the expected outcomes of the financial agility model can be achieved.

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