Identifying and Prioritizing Effective Management Solutions for Banking Facilities in the Development of Makrān Coasts

Document Type : Research article - extracted from the dissertation

Authors

1 Master of marine business management, Department of Business management, Faculty of Management and humanities, Chabahar Maritime University, Chabahar, Iran.

2 Assistant Professor, Maritime Business Management Department, Faculty of Management and Human Sciences, Chabahar Maritime and Marine Sciences University, Chabahar, Iran.

3 Assistant Professor, Department of Business Management, Faculty of Management and Humanities, Chabahar Maritime University, Chabahar, Iran.

10.22124/gscaj.2024.25447.1268

Abstract

Nowadays, maritime coasts are one of the most effective and important tools for the development and growth of transit, transportation, and foreign trade. The Makrān coast in southeastern part of Iran has a very suitable location to achieve the aforementioned goals for the country. To achieve this goal, effective management of financial resources and facilities to carry out various types of projects plays a fundamental role. Therefore, the main objective of this research was to investigate the effective management strategies for banking facilities in the development of the Makrān coast. The research was applied in terms of its objective and descriptive survey in terms of method. To identify solutions, by reviewing theoretical literature and previous studies, as well as conducting preliminary interviews with several financial experts and banking specialists, three categories of strategies were identified: supervisory, participatory, and intra-organizational. To compare the strategies, a questionnaire was designed using the Analytic Hierarchy Process (AHP) method and was distributed among 20 banking experts and investors. The strategies were pairwise compared based on three criteria: acceptance, feasibility, and comprehensiveness. The findings showed that, according to the participants, participatory strategies with a weight of 0.610, intra-organizational strategies with a weight of 0.285, and supervisory strategies with a weight of 0.106, respectively, were the most effective banking facility management strategies for the development of the Makrān coast.

Highlights

-  By conducting this research, one of the ways to reach the hidden treasure of the Oman Sea, which is the development and prosperity of the Makrān coast in different dimensions, was clarified.

- The results would assist planners and policymakers involved in the development of the Makrān coasts in more effectively managing allocated and granted resources for the region's development.

Keywords

Main Subjects

References

Abrishmi, H., Sobhani, H., Majed, V., Aghalvi Aghamouni, A. (2019). Investigating the resilience of the banking system by focusing on the behavior of consumers of facilities and banking health indicators. Consumer Behavior Studies, 7(2), 172-198. [In Persian]
Abtin, A.A. (2023). Identifying local socio-cultural characteristics affecting the development of Makran coasts, the fourth national conference on the development of Makran coasts (with a focus on governance and emphasis on sea-oriented diplomacy and economy). [In Persian]
Al Ahmad, S.M., Barzegar, A.R., Monfared, H., Parvaneh, A. (2012). Makran coasts are a gateway to the oceans: special issue of the first conference of Makran coasts and maritime authority of the Islamic Republic of Iran. First edition, Tehran: Nadaja Theoretical Research and Strategic Studies Office, Khurshid Mehrgan Lian Studies and Research Institute. [In Persian]
Ali Heydari Bayuki, T., Khademi Zare, H., Hosseini Nasab, H., (2014), Management of credit facilities using the development of data envelopment analysis, General Management Research, Volume 8, Number 30, Page: 53-74. [In Persian]
Arasti, Z. (2010). Presenting a model of influencing factors in the success of investment projects of entrepreneurs applying for bank facilities. Economic Research Journal (special issue of capital market),7, 73-92. [In Persian]
Azadi Arani, A., Amin Naseri, M.R., Qudsipour, S.H. (2004). Bank loan evaluation model using AHP technique, International Industrial Engineering Conference. [In Persian]
Banker, R., & Fang, S. (2013). Loan Financing and Real Cost Management. Available at www.ssrn.com. [In Persian]
Barzegar, A.R. (2013). Makran coasts and maritime authority, the key to the sea-oriented development of the Islamic Republic of Iran. Tehran: Nadaja Office of Theoretical Research and Strategic Studies. [In Persian]
Caballero, S., Garcia, P.,  Martinez, P. (2013). Working capital management, corporate performance, and financial constraints. Journal of Business Research, 332-338.
Chi B.W., Hs C.C., (2012) A hybrid approach to integrate genetic algorithm into dual scoring model in enhancing the performance of credit scoring model, Expert Systems with Applications, 39(3), 2650-2661
Guerras-Martín, L. Á., Ronda-Pupo, G. A., Zúñiga-Vicente, J. Á., & Benito-Osorio, D. (2020). Half a century of research on corporate diversification: A new comprehensive framework. Journal of Business Research, 114, 124-141.‏
Harford, J., Sandy, L., & Maxwell, W. F. (2014). Refinancing risk and cash holdings. Journal of Finance, 69, 975-1012.
Helper, S., Nicholson, J., & Noonan, R. (2014). The Economic Benefits of Reducing Supplier Working Capital Costs, U.S. Department of Commerce.Economics and Statistics Administration.
Hens A.B., Tiwar M.K., (2012) Computational time reduction for credit scoring: An integrated approach based on support vector machine and stratified sampling method, Expert Systems with Applications, In Press, Uncorrected Proof, Available online 3 January.
Ho Koo. J, Song. S., & Paik, T. (2015). Earnings Management and Cost Stickiness. Accounting Science and Technology Letter. 84, 40-44.
Imoughele, L. E., & Ismaila, M. (2014) the impact of commercial bank credit on the growth of small and medium scale enterprises: An econometric evidence from Nigeria (1986 - 2012), Journal of educational policy and entrepreneurial research. 1(2).
Khan, H. Z., Bose, S., & Johns, R. (2020). Regulatory influences on CSR practices within banks in an emerging economy: do banks merely comply?. Critical Perspectives on Accounting, 71, 102096.‏
Moradi, I., Ghafari Ismaili, S.M., Ahmadi, A. (2017). The effect of the growth of banking facilities on economic growth and investment in Iran. Monetary and Banking Research, 11(35): 1-24. [In Persian]
Muguchia, L., (2012) Effect Of Flexible Interest Rates On The Growth Of Mortgage Financing In Kenya, A Research Project Submitted In Partial Fulfillment Of The Requirements For The Award Of The Degree Of Masters Of Business Administration, School Of Business, University Of Nairobi.
Nami, M.H., Mohammadpour, A. (2010). Political geography and legal system of Iranian waters (Persian Gulf, Oman Sea and Caspian Sea), Tehran: Sohra Publishing House. [In Persian]
Nasiri, Z., Darabi, R. (2018). The role of access to banking facilities in corporate working capital management. Management Accounting, 12(40), 29-45. [In Persian]
Nik Qalb, H., Sayad Shirkash, S., Haqshenas Kashani, F., (2023). Designing a corporate governance model for effective supervision of bank lending facilities, Strategic Management Studies Quarterly. doi: 10.22034/smsj.2023.370074.1751[In Persian]
Qudsipour, H., (2018), Hierarchical Analysis Process, Amirkabir University of Technology Publications, Tehran, 13th edition. [In Persian]
Sadrnia, H., Ranjbarhydari, V. (2018). Makran Coastal Development Council, Requirements and Approaches, International Security Journal, 9,95. [In Persian]
Salem, R., Usman, M., & Ezeani, E. (2021). Loan loss provisions and audit quality: Evidence from MENA Islamic and conventional banks. The Quarterly Review of Economics and Finance, 79, 345-359.‏
Salimi Far M., Qavi M. (2002). Bank facilities and private investment in Iran, Iran Economic Research, Volume 4, Number 13, 135-170. [In Persian]
Sartori, D., Catalano, G., Genco, M., Pancotti, C., Sirtori, E., Vignetti, S., & Bo, C. (2014). Guide to cost-benefit analysis of investment projects. Economic appraisal tool for cohesion policy, 2014-2020.‏
Seyed Noorani, S.M.R., Khadim Alizadeh, A., Rizvani, S.A.(2016). Designing a composite index of Islamic banking in Iran, Islamic Economics Quarterly. 68, 119-151. [In Persian]
Sohrabi, B., Raisi Vanani, I., Zare Mirkabad, F. (2015). Designing a recommender system in order to optimize and manage banking facilities based on clustering and classification algorithms. New Researches in Decision Making, 1(2), 53-76. [In Persian]
Sun, Y., Ma, A., Su, H., Su, S., Chen, F., Wang, W., & Weng, M. (2020). Does the establishment of development zones really improve industrial land use efficiency? Implications for China’s high-quality development policy. Land Use Policy, 90, 104265.‏
Tahrpour, J., Mohammadi, T., Fardi Kalhorodi,  R. (2018). The effect of the distribution of banking facilities on Iran's economic growth; With an emphasis on partnership and exchange contracts, Economic Studies, 12(1): 151-176. [In Persian]
Tehrani, R., Mohammadi, M., Rahimi, A.M., (2012), credit rating system and its place in improving the financing system, the 6th conference on the development of the financing system in Iran, Tehran, https://civilica.com/doc/293443. [In Persian]
Torabi, S.M., Azarkish, M. (2017). Advantages, capabilities, capacity and investment incentives in Makran beaches (Chabahar and Kanarak). Tehran: Salehian. [In Persian]
YarAhmadi, M. (2016). Basics of capital structure (preliminary financing in companies). Second edition, Mashhad. [In Persian]
Zhang, X., Li, F., & Ortiz, J. (2021). Internal risk governance and external capital regulation affecting bank risk-taking and performance: Evidence from PR China. International Review of Economics & Finance, 74, 276-292.‏

Files

Share

How to cite

Statistics