Designing a model for empowering financial managers with the approach of technology-oriented structures using Grounded theory and structural equation model

Ghaffari, Majid; Horri, Mohammad Sadegh; Ghafari Ashtiani, Peyman

doi:10.22075/ijnaa.2024.34561.5165

Designing a model for empowering financial managers with the approach of technology-oriented structures using Grounded theory and structural equation model

Articles in Press

Document Type : Research Paper

Authors

Majid Ghaffari ¹

Mohammad Sadegh Horri ²

Peyman Ghafari Ashtiani ³

¹ Department of Management, Arak Branch, Islamic Azad University, Arak, Iran.

² Associate Professor, Department of Management, Arak Branch, Islamic Azad University, Arak, Iran.

³ Associate Professor, Department of Business Management, Arak Branch, Islamic Azad University, Arak, Iran.

10.22075/ijnaa.2024.34561.5165

Abstract

The purpose of this research was to provide a model of empowering financial managers with the approach of technology-oriented structures. The research method is exploratory and from the point of view of the goal, it is applied with a mixed approach (quantitative and qualitative). Participants in the qualitative section included managers and experts of post banks and university professors in related fields who were selected by snowball sampling. The data collection tool was a semi-structured interview that finally reached saturation with 15 participants. In the quantitative part, the statistical population of managers and financial experts of post banks in Tehran was 90 people, and 73 people were randomly selected from this statistical population. The software used in the qualitative section was MAXQDA and in the quantitative section SMARTPLS and SPSS. The data obtained from the interviews were analyzed by coding and screened using the fuzzy Delphi technique. The results of the research show the extraction of 6 main dimensions and 14 core components, which in the form of a paradigmatic model of empowering financial managers with the approach of technology-oriented structures as the core category and causal conditions (organizational factors, structural factors, administrative factors), contextual factors (availability Necessary infrastructures and reform of the organization's financial system in order to use new technologies), intervening conditions (organizational and implicit factors of technology-oriented structures), strategies (continuous training in the field of technology, support for new financial technologies and the use of appropriate strategies) And the consequences (organizational and financial consequences in line with the empowerment of financial managers with the approach of technology-oriented structures) were obtained. The measurement tool in the quantitative section was a researcher-made questionnaire based on the findings of the qualitative section. In the quantitative part, the components of the research were quantified using the structural equation modeling technique. In the next step, the relationships between strategies and indicators with the components and dimensions of the problem were analyzed by using exploratory structural equations, and finally, by examining and evaluating the obtained data, a suitable strategic model was presented.

Keywords

Empowerment of managers

technology-oriented structures

financial technology

Post Bank

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