Accounting and Auditing Research

Accounting and Auditing Research

Value Consequences Matrix of Managers Financial Knowledge Wisdom in Capital Market

Document Type : Original Article

Authors
1 Department of Industrial Management-Financial, Masjed-Soleiman Branch, Islamic Azad University, Masjed-Soleiman, Iran
2 Department of Accounting, Masjed-Soleiman Branch, Islamic Azad University, Masjed-Soleiman, Iran
3 Department of Industrial Engineering, Masjed-Soleiman Branch, Islamic Azad University, Masjed-Soleiman, Iran
4 Department of Financial Management, University of Tehran, Tehran, Iran
10.22034/iaar.2022.302787.1435
Abstract
The purpose of this study is Consequences value matrix resulting from the wisdom of financial knowledge of capital market managers. This research is in the category of developmental research in terms of exploratory purpose and in terms of result and part of mixed research in terms of data type. In the qualitative part, this study, using Glaser (1992) approach in the theoretical analysis of grounded theory, presented a model with positive dimensions of values resulting from the wisdom of financial knowledge of managers through interviews with 15 research experts. In this process, after three steps of open coding; Selective and pivotal, 2 categories and 4 main components were determined in the form of 30 themes. Then, in a small part with the participation of 18 managers of different levels of the top 50 companies in the capital market, first through Shannon entropy analysis, the most influential main component identified in the quality part was determined. Then, through Mic Mac cross-matrix analysis, an attempt was made to determine the most influential main component theme selected in the Shannon entropy analysis step. The results showed that the market-oriented Consequences values was selected as the most effective component of the wisdom of financial knowledge of managers of capital market companies. It was also found that gaining more market share due to the strengthening of social trust as the most important theme of the market-oriented Consequences values is the most effective theme of wisdom of financial knowledge of managers of capital market companies.
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Articles in Press, Accepted Manuscript
Available Online from 10 July 2023