Designing a Finance Model Emphasizing on Modern Methods in Iranian Cooperatives: Qualitative Approach

Today, the survival of organizations and firms depends on the adoption of appropriate financing practices. Meanwhile, the inadequacy of some of the traditional methods of financing has made the trend of choosing new ways necessary. On this basis, cooperatives as socio-economic organizations are not excluded from this category and require the adoption of appropriate financing methods. In this regard, the present study aimed to develop a land-use model of modern financing methods in the cooperative sector of Iran. To achieve this goal, a qualitative approach was used, emphasizing the data theory. Using data access theory, inductive data from semi-structured interviews with experts was analyzed in three stages of open, pivotal and selective coding, and the relationship between data was formed in the form of a paradigm financing model. The statistical population of this study consisted of experts and experts in the field of cooperatives, of which 23 were selected through a spherical sampling method and up to theoretical saturation. The results showed that the co-financing limitations in the conventional way have led to a tendency towards native and diverse financing approaches. This requires the adoption of new financing strategies such as debt and interest and other combined financing methods. Also, the results indicate that paying attention to these new strategies requires attention to the requirements of the financing methods, the challenges and the contradiction between the cooperative nature and performance.