Reviewing rate of familiarity financial managers in ways of financing (Case study: Economic institutions of Hormozgan state)
Journal Title: International Research Journal of Applied and Basic Sciences - Year 2013, Vol 6, Issue 1
Abstract
Todays, role of financial management in trading is important. In recent years, by enhancing all aspects of human life & with regards to globalization trend of countries economy, financial experts of country were familiar to financial organizations of world and investment methods and advanced financial tools, in order to stabilize its financial situation, today. The present study examined rate of familiarity financial managers by methods and financing tools and rate of applying these tools by case study of economic institutions in Hormozgan state as one of trading axis. Along with, three hypotheses were addressed: 1. financial managers were familiar to financing methods in country. 2. Financial managers were familiar to new financing methods. 3. Financial managers were used financial methods in action.Methodology is librarian and field, and experts’ ideas were collected by using questionnaire. To test hypotheses, it was used Excel and SPSS software and its results were extracted in the following:With regards to Cronbach’s alpha coefficient 0.814, questionnaire reliability was confirmed. Normality of data was confirmed by using Kolmogorov-Smirnov, too, and finally, data were reviewed by One-Sample T-test. First hypothesis was accepted based on managers’ familiarity by financing methods in country. Second hypothesis wasn’t accepted based on managers’ familiarity by new financing methods, and also third hypothesis wasn’t accepted based on application different methods in financing by financial managers, too. Finally, it was addressed suggestions to improve requirements and also in future researches.
Authors and Affiliations
Seyed Amin Seyed Mohseni *| Department of Accounting, Payame Noor University, 19395-4697 Tehran, IRAN, email: Amin.Mohseni@Iran.ir, Reza Sotudeh| Department of Accounting, Payame Noor University, 19395-4697 Tehran, IRAN, Reza Saeidi| Department of Accounting, Payame Noor University, 19395-4697 Tehran, IRAN, Momtaz Ghasemzadeh| Department of Accounting, Payame Noor University, 19395-4697 Tehran, IRAN
Keywords
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