International Journal of Finance & Managerial Accounting

International Journal of Finance & Managerial Accounting

Presenting the model of collective financial provision risk in art Projects

Document Type : Original Article

Authors
Mina Dehghani 1
Hoda Hemmati 2
neda farahbakhsh 2
1 PhD student, Department of Management, Roudhen Branch, Islamic Azad University, Roudhen, Iran.
2 Assistant Professor, Department of Management and Accounting, Roudhen Branch, Islamic Azad University, Roudhen, Iran.
10.30495/ijfma.2025.77603.2118
Abstract
The purpose of this research is to present the model of collective financial provision risk in art projects. The current research community was formed by managers and experts of construction engineering organizations based in Tehran province. In this research, using the purposeful method of judgment, the opinions of 17 experts related to the research topic were used in cinema house, cultural economy committee of Tehran Chamber of Commerce, as well as managers and investors of art market of the country. The process of data analysis was done in two stages, which includes identifying the risk of crowdfunding in art projects through interview tools and using thematic analysis method and theoretical validation of the research model in terms of comprehensiveness, uniqueness, coherence and Integrity. The results of the research showed that the risk model of collective financial provision in art projects is divided into two main parts. The risk of the internal factors of the art project includes the risk of turning an idea into an art project, the risk of conflict of interest between the creators of art projects and investors, the risk of lack of transparency in art project contracts, the risk of the quality and uniqueness of the art project, the risk of marketing the art project, The risk of the duration of the art project, the risk of liquidity of the art project, and the risk of external factors of the art project include cultural risk, macroeconomic risk, and the risk of regulations and legal issues.
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