Objective: Wise decision-making with positive financial results is one of the pillars of ensuring the interests of stakeholders. Accordingly, this study has attempted to explain wisdom and decision-making methods based on it, while identifying the factors affecting decision-making based on wisdom, and to propose a model for its development.

Method: The present study is based on ground theory. This research was based on both field and library methods. In line with the implementation of the data approach Foundation and For the purpose of identifying the category core categories, causal conditions, contextual conditions, strategies, intervening conditions, and outcomes for developing the research model.

Findings: Results The results of the research indicate that the model based on prudent financial decision-making includes 462 open codes , 105 concepts, and 22 categories and identifications . and classified. As a result, 9 solutions, 3 consequences, Two intervening conditions, two background conditions, and six causal conditions resulted.

Conclusion: According to the research findings, a model can be developed for managers' prudent financial decision-making. Companies presented, but it should be noted that the presented model, taking into account individual and organizational intervening conditions , as well as controllable and uncontrollable factors , including political and economic conditions , competitive economic environment , and government regulations and laws , can have different consequences .