Identifying and prioritizing factors affecting financial transparency in Iranian banks: using a fuzzy Delphi approach and network analysis

Identifying and prioritizing factors affecting financial transparency in Iranian banks: using a fuzzy Delphi approach and network analysis

Subject Areas : Financial Knowledge of Securities Analysis

Abolfazl madani ¹ , Hossain Panahiyan ^{2 *} , Ali farhadian ³ , Seyed Abdul-Jaber Ghodratian Kashand ⁴ , Hassan Ghodrati ⁵

1 - PhD student in the Department of Industrial Management - Finance, Kashan Branch, Islamic Azad University, Kashan, Iran
2 - Full Professor of Financial Management, Kashan Branch, Islamic Azad University, Kashan, Iran (corresponding author).
3 - Associate Professor, Department of Management, Kashan University, Kashan, Iran.
4 - Assistant Professor, Department of Business Administration, Kashan University, Kashan, Iran
5 - Assistant Professor, Department of Management, Kashan Branch, Islamic Azad University, Kashan, Iran

Received: 2024-03-31 Accepted : 2024-05-21 Published : 2025-03-18

Keywords: Financial transparency, bank efficiency, risk capacity, legal requirement.,

Abstract :

The purpose of the current research was to identify and prioritize factors affecting financial transparency in Iranian banks. The statistical population of the research included experts and specialist professors who benefited from higher education in the fields of banking, finance and accounting in 1402. In order to rely on the multi-criteria descriptive inference method with the network analysis model, 15 experts were selected using the available non-random sampling method. The results obtained from the research showed that among the 28 factors identified by the method of content analysis and analysis of the field of knowledge, finally 17 factors include: inputs (price of physical capital, price of human power and cost of providing funds), outputs (total securities and net facilities), risk (facility coverage rate, risk capacity and legal requirement), capital structure (minimum capital, minimum capital risk and minimum leverage ratio), bank level characteristics (bank size, return on assets, return on capital) , the rate of deferred facilities and the liquidity rate of assets) have been determined as effective factors on financial transparency in Iranian banks.

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