Identifying and prioritizing factors affecting financial flexibility in Tehran Stock Exchange Companies Using Fuzzy cognitive maps Approach
Identifying and prioritizing factors affecting financial flexibility in Tehran Stock Exchange Companies Using Fuzzy cognitive maps Approach
Subject Areas : Financial Knowledge of Securities Analysis
Reyhaneh Faghih 1 , Rohollah Tavakoli zadeh 2 , Hojat Babaei 3 , Alireza Peyvand 4
1 - PhD student in Industrial-Financial Management, Kerman Branch, Islamic Azad University, Kerman, Iran
2 - Assistant Professor, Accounting Department, Kerman Branch, Islamic Azad University, Kerman, Iran. (Corresponding author)
3 - Assistant Professor, Department of Mathematics, Kerman Branch, Islamic Azad University, Kerman, Iran
4 - Assistant Professor, Department of Psychology, Kerman Branch, Islamic Azad University, Kerman, Iran
Keywords: Priority, Financial Flexibility, Stock Exchange, Approach, Fuzzy cognitive maps,
Abstract :
The issue of flexibility as well as its influencing factors in today's world has become one of the most important priorities in macro-policy-making at the level of investment companies, the expansion of security, economic, social, and therapeutic crises. ... has led companies to address these crises safely and to promote resilience and flexibility, so in the present study, the researcher seeks to identify and prioritize effective factors Financial flexibility in Tehran Stock Exchange Companies is influenced by the purpose of this study, given that one of the complications of stock companies in the current economic conditions in the country, Practical and data collection is descriptive and analytical. The method of data analysis is a fuzzy mapping approach in which the researchers are intended to determine the preference and privilege of variables through the questionnaire and distribute it to 30 managers in the stock market companies as targeted and available sampling and accessible. FCMAPER software used to analyze data. The results of the study showed that 41 factors were effective in the flexibility of companies, including three factors "formulating financial policies and strategies on a specified time horizon", "Increasing Market Integration" and "Integration of Integration", respectively, the highest respectively. The influence and three factors of "participatory management", "effective role of social responsibility" and "qualitative reporting"
