Presenting a conceptual model of social contexts affecting financial dissatisfaction of managers of helpless companies

Subject Areas : ‌Family

davood yousefi jenaghard ¹ , keyhan azadi hir ² , mehdi Homayonfar ³

1 - PhD Student of Accounting, Department of Accounting, Rasht Branch, Islamic Azad University, Rasht, Iran
2 - Assistant Professor, Department of Accounting, Rasht Branch, Islamic Azad University, Rasht, Iran
3 - Assistant Professor, Department of Industrial Management, Rasht Branch, Islamic Azad University, Rasht, Iran

Received: 2021-11-22 Accepted : 2022-02-07 Published : 2022-02-20

Keywords: conceptual model, financial dissatisfaction of managers, helpless companies,

Abstract :

Currently, financial dissatisfaction is one of the most important and influential factors in the stock market, which has led to the outflow of large investments from the stock market and requires careful study and identification of factors affecting it. Therefore, the present study provides a conceptual model of factors affecting the financial dissatisfaction of managers in helpless companies. This research is a descriptive method in terms of combined data and modeling. In the first stage for collecting conceptual data, writing theoretical foundations and variables, research by library method and in the second stage of interview (Delphi method) through a non-random sample targeted and available from 30 senior managers (CEO) of the company. Sample studies to identify the factors affecting financial dissatisfaction will continue until the researcher's theoretical enrichment. Altman Z criterion was used to identify financially helpless companies. Finally, 50 financially helpless companies listed on the Tehran Stock Exchange were identified in the period 2009-20018. Finally, a conceptual model of factors affecting the dissatisfaction of financial managers with 7 components and 54 indicators are provided.