Investigating the Relationship between Self-Control Strategies, Financial Literacy of Managers and Quality of Decision Making in Process of Financial Issues of Supply Chain of Companies (Case study: companies listed on the Tehran Stock Exchange)

Subject Areas : Production Management

Sedighe Toutian Esfahani ¹ (Associate Professor, Department of Management, Faculty of Management, West-Tehran Branch, Islamic Azad University, Tehran, Iran.)
Hossein Eslami Mofid Abadi ² (Assistant Professor, Department of Accounting & Management, Shahriyar Branch, Islamic Azad University, Shahryar, Iran E.mail:) [e-mail]))
Elahe Barkhordari ³ (M.A student)

Received: 2020-11-15 Accepted : 2021-02-16 Published : 2021-05-22

Keywords: Tehran Stock Exchange, Managers' Financial Literacy Strategies, Financial Disputes, Joint Stock Companies,

Abstract :

The main purpose of this research was to investigate the relationship between self-control strategies, financial literacy and decision-making quality in the in process of financial issues of supply chain of companies listed on the Tehran Stock Exchange. The present research method is based on the applied purpose and based on data collection, a descriptive-correlational research. The research method is based on the purpose of a descriptive -analytical research, in terms of process is quantitative-qualitative implementation, in terms of implementation result is applied and in terms of time is a cross-sectional research. The research population also includes all active participants in the Tehran Stock Exchange (academic and capital market experts, investors, traders, official brokers of the Iranian Stock Exchange). Due to the unlimited number of statistical populations, 384 statistical samples were selected by simple random sampling method according to Karajsi and Morgan table table. Also, in this research, data collection has been done using library method and field information. Also, the validity of the questionnaire was confirmed by using the views of the supervisor and consultant and some experts in this field and to determine the reliability of the questionnaire, Cronbach's alpha method and its validity was 0.792. In generally, the research results show that there is a significant statistical relationship between self-control strategies financial literacy strategies of managers (money and reserve management, financial and credit management and investment planning) and decision quality in the financial issues of financial issues of supply chain of companies listed on the Tehran Stock Exchange.