International Journal of Finance & Managerial Accounting

International Journal of Finance & Managerial Accounting

Factors affecting financial transparency with a combined approach of content analysis and Delphi

Document Type : Original Article

Authors
kaveh Parandin
Somayeh hosseini
Assistant Professor, Department of Accounting, Payame Noor University, Tehran, Iran,
10.30495/ijfma.2024.72359.1990
Abstract
Subject and Purpose of the Article: This study examines the factors affecting financial transparency and hidden layers in municipal financial systems.
Research Methods: In this study, first the content analysis of previous texts and researches was examined and the components affecting transparency were extracted, then the important factors were identified and classified using the Delphi approach with the opinion of experts.
Research Findings: According to the elites participating in this study, the relevant factors extracted in the content analysis and related to the dimensions of the research, including social, organizational, economic and political dimensions, along with their components and characteristics have a significant impact on municipal financial transparency. According to the elites and experts, the variables of culture and organizational commitment, speed and accuracy in handling and imposing penalties and encouragement to increase transparency in the first and third ranks affect financial transparency among the 46 factors extracted in content analysis.
Conclusion, originality and its addition to knowledge: Providing effective factors on financial transparency in municipalities improves the level of accountability of this institution and uses them to create laws and regulations in order to increase transparency. Also, this research is the first research in this field for public institutions and municipalities in finding factors affecting It is financial transparency that also contributes to the richness of the research literature.
Keywords
Factors Affecting Transparency
Factor Analysis
Delphi Method
Municipality
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