Developing and explaining a comprehensive competency model of financial managers in a professional and forward-looking manner with grounded theory method

Document Type : Research Paper


1 PhD Student, Department of Accounting, Yazd Branch, Islamic Azad University, Yazd, Iran

2 Assistant Professor, Department of Accounting, Yazd Branch, Islamic Azad University, Yazd, Iran


Financial development in the country requires competent financial managers and optimal financial management. In this regard, developing a comprehensive perspective model to identify the competencies of financial managers is the first step towards goal setting to achieve the ideals and the desired point of an organization. In the present study, with the aim of achieving a model for the competence of financial managers, the qualitative method of data theory of the foundation has been used. The sampling used in this study was theoretical sampling using non-probabilistic targeted methods and snowballs, based on which 20 interviews were conducted with experts and senior managers. After conducting interviews and collecting information, the codes obtained in different sections were analyzed using the systematic approach of Strauss and Corbin and the paradigm model, and after performing the three steps of open, axial and selective coding, the final model by the Researcher obtained. The final model consists of a set of central categories, causal conditions, intervening conditions, strategies, and finally, consequences. Each of these conditions and the factors that make up the model has variables and categories that pay attention to them to provide a model for the competence of financial managers.


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Volume 13, Issue 1
March 2022
Pages 3405-3425
  • Receive Date: 30 October 2021
  • Revise Date: 29 November 2021
  • Accept Date: 26 December 2021