Presenting a participatory financing model-income based on risk management based on the study of Tehran municipality

Document Type : Research Paper


Department of Accounting, Ilam Branch, Islamic Azad University, Ilam, Iran



Urban finance is one of the most basic urban development policies. This article investigated Tehran Municipality to provide financial sources of income and provide the cooperative financial model. For this purpose, a mixed method was adopted with the priority of the qualitative stage over the quantitative stage. In the qualitative approach, the proficient subject experts were interviewed to meet the objectives of the research until the theoretical adequacy was achieved. Then, the Delphi method was used to confirm or modify the indicators identified from the qualitative content analysis of the interviews. Thus, the pattern of providing financial resources was extracted from the data of the qualitative phase. After that, the questionnaire was given to 300 financial employees of Tehran Municipality to weigh the indicators identified from the qualitative phase. The data were analyzed using SPSS 22 and Lisrel 8.5 software and the confirmatory factor analysis technique to determine the variables' weight. The findings showed that seven dimensions of justice, transparency, local independence, thrift, income adequacy, sustainability and practicality, and non-shifting of the tax base were extracted in the financing model. The indicators of these dimensions include charges on official documents, charges on added value, charges on buildings and lands, charges on communications and transportation, charges on professional business licenses, charges on parking, charges on centralized collection, charges on property (Real estate), and income from municipal services. Obtaining these results showed that we can achieve a comprehensive theoretical and applied model in this field only when we pay attention to identifying its definitions, concepts, dimensions and components based on the conditions governing the economic environment of the country and Tehran municipality because the financing issue is multifaceted and complex in the municipality.


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Articles in Press, Corrected Proof
Available Online from 16 April 2024
  • Receive Date: 08 July 2023
  • Revise Date: 06 August 2023
  • Accept Date: 23 September 2023