Abstract
This study aims to design and validate structural model factors that have influence on risk appetite in banks listed on stock exchange using Grounded Theory paradigm. Data was collected through semi-structured interviews with 15 accounting experts using snowball sampling and theoretical sampling. After using Grounded Theory paradigm suggested by Strauss and Corbin (1990) to design and validate structural model factors that have influence on risk appetite in banks listed on stock exchange, based on our qualitative analysis we design a new structural model using four new factors that have influence on risk appetite in banks listed on stock exchange, which are: (1) causal conditions (organizational factors, organizational maturity); (2) intervening conditions (communication expansion); (3) intervening strategies (risk management methods), and (4) outcomes (organizational growth, continuity of activities). We validated our new structural model using confirmatory and discriminant analysis methods, while reliability was assessed through repeatability and generalizability.
Keywords:
Article Details
- Year: 2025
- Volume: 46
- Issue: 1
- Pages: 101 - 130
- Accepted: 30.12.2024
-
DOI:
https://doi.org/10.5281/zenodo.16875049 -
Full Text (PDF)
2 Views 2 Downloads
How to Cite?
Fakhrul Hasan, Mahdi Beshkooh, Milad Nikkhah (2025). Structural Model of Effective Factors on Risk Appetite: A Grounded Theory Paradigm. Journal of Economic Cooperation and Development, 46(1), 101-130. https://doi.org/10.5281/zenodo.16875049
