Designing a model of the performance factors of bold investment funds with an improvement approach

Subject Areas : Journal of Capital Market Analysis

shahla khanfari pour khanfari ¹ , Nader Khedri ² , Saeed Nasiri ^{3 *} , mehdi basirat ⁴

1 - Department of Accounting, Islamic Azad University, Ahvaz, Iran
2 - Department of Accounting, Abadan Branch, Islamic Azad University, Abadan, Iran
3 - Department of Accounting, Islamic Azad University, Ahvaz, Iran
4 - Ahvaz, Boulevard pasdaran, Threeway airport, Islamic Azad University, Branch Ahvaz, Code Postal: 61657- 66131,Tel: [phone] & 4457612, Fax: [phone].

Received: 2024-07-16 Accepted : 2025-01-12 Published : 2025-06-21

Keywords: Investment, bold funds, improvement.,

Abstract :

Objective: This research was conducted to design a model of the performance factors of bold investment funds with an improvement approach. Method: This research was conducted with a mixed approach (qualitative-quantitative). In the qualitative part, after interviewing the experts, the factors of the research model were identified. The quantitative part used the Delphi technique of sieve components and hierarchical model, from the self-interaction matrix and relying on the structural modeling method. Research findings: After interviewing 20 experts, the first 25 sub-themes were extracted and then 10 important factors of the desired model were identified in the qualitative section. After two stages of polling experts with the fuzzy Delphi method, 9 components were selected as critical components for the design of the base model, and a four-level model was obtained. Conclusion: The most effective component of the research model is the effectiveness and complexity of the financial system, and the most effective components are the cash-to-cash cycle, asset profit and loss, investment management performance, and the status of fundamental indicators in risk conditions.

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