International Journal of Nonlinear Analysis and Applications
Providing a model of factors affecting the selection of financing strategy using the fuzzy Delphi technique
Document Type : Research Paper
Authors
1 Department of Management, Roodehen Branch, Islamic Azad University, Roodehen, Iran
2 Faculty of Management, University of Tehran, Tehran, Iran
3 Department of Industrial Management, Science and Research Branch, Islamic Azad University, Tehran, Iran
Abstract
The purpose of this study was to present a model of factors affecting the selection of financing strategy for the petrochemical industry supply chain in petrochemical companies located in the Mahshahr Port Petrochemical Special Economic Zone. One of the methods used to acquire group knowledge is the fuzzy Delphi technique, which is a structured process for predicting and assisting in decision-making during survey rounds, gathering information, and finally, group consensus. In this technique, a questionnaire containing the extracted criteria is first sent to each member of the expert group separately and confidentially. Members are then asked to assign a score of 1 to 10 to each criterion. In the second step, the questionnaires will be collected and the criteria with an average score of less than 7 will be removed. The remaining criteria are sent in the form of a new questionnaire. These steps continue until you reach a set of criteria that scores above seven. The results showed that the components obtained from the study include Rial Internal Finance, Currency Internal Finance, LC, Combined Internal Finance (Currency-Rial), Participation Bonds, Usance, International Loan, Foreign Direct Investment, Bank Loan, Public-Private Partnership (PPP), Off-Balance Financing, Government Grants, Corporate Transparency, Restrictions on Financing, Capital Structure, Collateral assets, Firm Value, Firm Size, Managers' attitudes, Financing Policies, Funding Source Criteria, Political Factors, Religious and Legal Restrictions.
Keywords
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Volume 14, Issue 4
April 2023Pages 337-348
- Receive Date: 19 July 2021
- Revise Date: 01 October 2021
- Accept Date: 05 October 2021