Designing a Financing Model for Cooperative Corporations in Ilam Province

One­ of the important factors in decision-making in companies was the method of financial procurement. This paper aimed at designing a pattern of financial procurement in cooperative companies. The research method was applied research; and mixed method exploratory regarding data collection. The data collection method in the qualitative phase was based on experts’ views using Delphi technique and in the quantitative phase a researcher-made questionnaire. The population in the qualitative phase included all experts in the field of finance, members, and managers of cooperative companies in Ilam province among which 20 people were selected through snowball sampling and Delphi technique was implemented. In the quantitative phase through classified sampling based on volume 310 people were selected through Cochran sampling method. The instrument in the qualitative phase was a Delphi technique checklist and in the quantitative phase a questionnaire developed through Delphi output. Validity of the instrument was proved through content validity and its reliability was attested through Cronbach’s Alpha coefficient. Kendall’s coefficient and confirmatory factor analysis were used to analyze the data. The findings showed that in the four phases of Delphi implementation about 96 indexes were identified that after omitting the components with low mean in the Delphi procedure, seven main components and 42 indexes including supporting policies, creating value, public participation, loaning variables, and investment were assessed as effective in financial procurement of cooperative companies in Ilam. The results showed that experimental mean of the domestic resource variables and new methods of financial procurement are assessed as average.