The model of managerial factors affecting the financing chain decisions of the production cooperatives system in Iran

Subject Areas : Management Accounting

Hossein Eslami Mofid Abadi ¹ , younes vakilolroaya ²

1 - Postdoctoral Scholar in Financial Management, Department of Management, Semnan Branch, Islamic Azad University, Semnan, Iran
2 - Associate Prof. and Chairman, Entrepreneurship and Commercialization Research Center, Department of Management, Semnan Branch, Islamic Azad University, Semnan, Iran (Corresponding Author),

Received: 2022-07-16 Accepted : 2022-07-16 Published : 2022-05-22

Keywords: Financial decisions, Production cooperatives, Financing chain,

Abstract :

The purpose of this study was to design and explain the model of factors effecting the financing chain decisions of the production cooperatives system in Iran. The research method was applied from the perspective of purpose and is of combined and exploratory type. The statistical population of the research also includes the financing chain of the production cooperatives system in Iran and all the data and information required for the research have been prepared in two parts: quantitative and qualitative. In the qualitative section, with the approach of data theory and numerical notation, the factors affecting the financing chain decisions of the production cooperatives system in Iran have been identified. In the quantitative section, with a review of theoretical foundations and field research, a questionnaire was prepared and distributed to 384 people. Then the research hypotheses were tested using the structural equation modeling approach. The results indicate that the effect of internal and external pivotal categories, intervening, contextual, causal and strategic factors on key outcomes, ie the choice of financing approaches in the financing chain of the Iranian production cooperatives system was significant. In other words, that significantly effect of each of the determined and estimated factors in the research model was equal to; 0.69, 0.51, 0.53, 0.57, 0.68, 0.68 and 0.66%. Therefore, it can be said that the dimensions and components specified in the research model provide the possibility of planning and proper implementation of plans and actions of policy makers in the system of production cooperatives in Iran. As a result, this process, for its part, provides both the possibility of solving the problems of financing production cooperatives and the possibility of increasing the participation of more investors in the cooperative sector in the economic development of the cooperative sector in the Iranian economy.

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