Predicting the effectiveness of venture financing with the approach of systems dynamics in venture Capital admitted to the Iran Stock Exchange.
Quarterly Journal of Securities Exchange

Quarterly Journal of Securities Exchange

Predicting the effectiveness of venture financing with the approach of systems dynamics in venture Capital admitted to the Iran Stock Exchange.

Document Type : Original Article

Authors
Habil Khavari
Fatemeh Ahmadi
Mojtaba Moradpoor
Rahmatollah Mohammadipour
Department of Accounting and Finance, Ilam Branch, Islamic Azad University, Ilam, Iran.
10.22034/jse.2024.12430.2268
Abstract
The effectiveness of financing appropriate and compatible with businesses is one of the important issues, especially when launching knowledge-based companies and start-ups. One of the suitable financing for startups and knowledge-based companies whose effectiveness can be predicted is bold financing. In this regard, this research was carried out with the aim of predicting the effectiveness of Tehran Stock Exchange financing with the systems dynamics approach in Tehran Stock Exchange financial funds. The method of conducting this research is mixed (qualitative-quantitative). In the qualitative part of the research, first, 112 valid scientific and research articles were examined using the meta-composite approach, and finally 41 articles were selected to extract predictive indicators of the effectiveness of bold financing. After detailed analysis, 19 indicators were identified and extracted to predict the effectiveness of bold financing. In the continuation of the qualitative part, with the help of content analysis and in order to identify the basic components of predicting the effectiveness of bold financing, 7 basic components were identified, then, in the quantitative part, first, by using the fuzzy Delphi questionnaire, the opinions of 14 experts about the effectiveness of the extracted basic components of the case It was confirmed, in the following, in order to apply dynamics, firstly, two causal-cyclic models were determined by analyzing and explaining the relationships between the infrastructure components, and then with the help of these two models, the main model was formulated with a dynamic approach, which consists of two causal models. - It was circular
Keywords
financing
effectiveness
Venture Capital
Subjects
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Quarterly Journal of Securities Exchange
Volume 17, Issue 67
Autumn 2024
Pages 141-164