Mendeley
TY  _  JOUR
ID  -  tscr-51081
TI  -  The pattern of financial innovation in companies operating in the capital market Based on contextual approach
JO  -  Rahbord-e-Tousee
JA  -  ES
LA  -  fa
SN  -  1735-2460
AU  -  moosavinia nafiseh
AU  -  Abdi Rasoul 
AU  -  rezaee nader
AU  -  Pakmaram Asgar
AD  -  دانشجوی دکتری تخصصی دانشگاه آزاد اسلامی بناب 
AD  -  دانشیار گروه حسابداری، واحد بناب، دانشگاه آزاد اسلامی، بناب، ایران.
AD  -  گروه حسابداری، دانشگاه آزاد اسلامی، واحد بناب، بناب، ایران
AD  -  استاد راهنما اول
Y1  -  2025
PY  -  2025
VL  -  81
IS  -  
SP  -  112
EP  -  139
KW  -  innovation
KW  -   financial innovation
KW  -   capital market
KW  -   fundamental theory
DO  -  
N2  -  <p>Innovation affects the financial performance of the company. Before the realization of the innovation, this financial performance is based on some patterns, and this method should be changed after the realization of the innovation. Considering the fact that in every business activity, the included innovation creates reactions in the market, the authors are focused on using measures that use the relationship of the market position in order to investigate the impact of the innovation. At present, the causal, intervening and contextual conditions, strategies and consequences of financial innovation have not been investigated. Therefore, in this research, an attempt has been made to design the model of financial innovation of companies by the method of ground-based theorizing. This research is qualitative and exploratory. This research was carried out by interviewing experts in the field of theoretical foundations of financial innovation and the field of capital market, and it reached saturation by conducting 16 interviews in 2019 using the snowball sampling method. The results of the research showed that financial development, monetization, price risk transfer, arbitrage tools and processes, risk management tools and unlocking tools as causal factors, risk hedging, commodity-based financing and price discovery are also intervention factors, per capita GDP growth , changes in regulations and guidelines, the existence of an encouraging atmosphere, creative organizational culture, creative organizational structure, creative environment and knowledge management system as background conditions, the use of Islamic financial tools and management ability as strategic factors, and finally, the coherent pattern showed that the financial innovation of companies is the consequences of such as social trust, improves cooperation capabilities and improves performance and financial effectiveness. The results of this research can help managers and decision makers to better understand the factors affecting financial innovation and adopt appropriate strategies to improve financial performance and increase competitiveness in the capital market. Finally, this study will contribute to enriching the literature on financial innovation and providing practical solutions in this field.</p>
UR  - rimag.ir/en/Article/51081
L1  - rimag.ir/en/Article/Download/51081
ER  -  
