Proposing a model of financial resilience in Tehran stock exchange companies in order to prevent bankruptcy

Subject Areas : Journal of Investment Knowledge

Maryam Ghasemi ¹ , Fateme Saraf ² , yoosef Ahadi ³ , Mahboobeh iJafar ⁴

1 - PhD Student of Accounting Department, South Tehran Branch, Islamic Azad University, Tehran, Iran
2 - Assistant Professor, Department of Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran
3 - Associate Professor of Accounting Department, South Tehran Branch, Islamic Azad University, Tehran, Iran .
4 - Assistant Professor, Department of Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran,

Received: 2022-12-12 Accepted : 2023-03-06 Published : 2024-09-22

Keywords: Financial Resilience, prevention, listed companies, Bankruptcy,

Abstract :

Identifying and prioritizing factors affecting financial resilience in Tehran Stock Exchange companies in order to prevent bankruptcy.The research method is exploratory from the point of view of the practical goal and the method of data collection, and the data analysis mechanism is based on meta-composite method and focus groups. Papers related to financial resilience including 40 articles and works were selected and analyzed based on valid criteria among 110 articles and works. The second statistical population included experts in the field of financial resilience, who were finally determined to be 10 people, and due to the conditions and limitations of the Corona pandemic, they provided opinions and suggestions remotely. By applying the seven stages of metacomposition, a conceptual model was obtained in six conceptual layers, categories and codes. Concepts and topics were included in each of the layers, and finally 28 categories were identified. In order to validate the quality of the obtained model, based on the opinions of experts, it was obtained in the form of focus groups, and the conceptual model was approved by the research experts. According to the findings from the implementation of the hybrid process in identifying the dimensions and categories of financial resilience, which can be a basis for future researches in the direction of how to implement financial empowerment policies and maintain financial resilience in

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