The Role of Infrastructure Asset Valuation in Infrastructure Asset Management and Sustainable Development..

Document Type : Original Article


1 PhD student in Accounting, Islamic Azad University, South Tehran Branch.

2 Associate Professor, Department of Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran

3 Assistant Professor of Economics, Central Tehran Branch, Islamic Azad University, Tehran, Iran.



The development of infrastructure assets is one of the important requirements for economic growth and increasing public welfare. Proper and efficient management of such assets is necessary for the development of infrastructure assets. The purpose of this study is to investigate the role of infrastructure asset valuation in infrastructure asset management and sustainable development. For this purpose, the necessary data for conducting research was prepared through a questionnaire and in the form of snowball among experts in the field of accounting and financial management in the public sector and also through the press line and it was distributed on social networks. After collecting the questionnaires, the data was classified through Excel 2016 software and SPSS software version 20. LISREL software and structural equation method were used to analyze the data. Findings from the study showed that the factor loads related to hidden variables and observed variables have a good relationship and also the management of infrastructure assets has a positive relationship with sustainable development. Also, the evaluation of infrastructure assets as a mediating variable has a positive and significant relationship with infrastructure asset management and sustainable development. Therefore, it can be concluded that the variables of infrastructure asset management and infrastructure asset valuation have a direct effect on sustainable development from all aspects of social, economic and environmental. The management of infrastructure assets, for example, increases economic growth (increasing the movement of passengers, goods), reducing unemployment, reducing corruption, reducing risks and traffic accidents, and preserving environmental species, and so on


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