Investigating the factors influencing the interpretation and understanding of risk for capital decision makingInvestment in investment funds based on the expanded approach of PROMETHEE

Subject Areas : Financial Markets and Institutions

roqaye talebi ^{1 *}

1 - Department of Accounting,, Islamic Azad University, Qom, Iran

Received: 2023-11-06 Accepted : 2024-11-30 Published : 2025-06-23

Keywords: investment funds, interpretation and understanding of risk, extended approach of Prometheus.,

Abstract :

Purpose: The purpose of this research is to investigate the factors influencing the interpretation and understanding of risk in order to make capital decisions Investment in investment funds based on the expanded approach of Prometheus. Research methodology: The current research is applied in terms of purpose and non-experimental in terms of data collection; the first statistical group includes faculty members of the accounting, financial management and social sciences departments of the country's mother universities, and the second group consists of capital market activists and managing and financial managers of stock exchange investment funds. The time of the interview is 2022, in order to determine the influencing factors, the Delphi method was used, and And for prioritizing factors, the Prometheus method was used with isual PROMETHEE software. Findings: Based on the aforementioned findings, the first rank belongs to the investors' fear index and the last rank belongs to the index, the opinions of others about the riskiness of the mutual investment fund., the results showed that the interpretation and understanding of risk has a positive effect on the decision to invest in investment funds. Originality/scientific added value: In the research, an attempt has been made to help scientists and those interested in investment, and its results lead to the improvement of investment performance. By improving the methodology, efforts have been made to make the methods of this research more efficient and researchers have access to better methods to make decisions for investing in these funds.decisions to invest in these funds.