Optimal allocation of financial resources based on effective factors in the banking industry

Document Type : Original Article

Authors
Seyedeh Arezoo Mohammadi 1
mehrzad minooei 1
Zadaleh Fathi 2
Mohammad Ali Keramati 1
hossein bakhtiyari 3
1 Department of Industrial Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran,
2 Department of Industrial Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran
3 Department of Industrial Management, Faculty of Islamic Studies and Management, Imam Sadegh University, Tehran, Iran,
10.30495/jik.2024.23760
Abstract
Optimal allocation of domestic resources and capital has become very important in the last decade. One of the industries in which resource allocation optimization is very important is the banking industry. In other words, today, due to the scarcity of resources and capital after financial crises and its allocation tied to regulatory requirements, the optimal allocation of resources and domestic capital is at the core of banks' business strategies. In this regard, the purpose of this study was to investigate the various factors affecting the optimal allocation of financial resources in the banking industry. In a qualitative-quantitative method, this study examined various factors affecting the optimal allocation of financial resources in the banking industry. The statistical population of this study was all bank branches in Tehran, of which 242 branches were selected as a sample and a research questionnaire was distributed among managers and deputies of branches. The results of testing the research hypotheses using structural equation modeling showed that financial literacy, new technologies, corporate governance and financial intermediaries have a positive and significant effect on the optimal allocation of financial resources in the banking industry.
Keywords
Optimal Allocation of Financial Resources
Financial Literacy
New Technologies
Corporate Governance
Financial Intermediaries
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