Designing a Model of Capital Market Competency Indicators

Abstract

Purpose: The aim of this study was to identify and extract the key dimensions and components of competency needed by capital market managers, analysis and analysis of competency development systems of these managers and finally provide a conceptual model of capital market managers indicators.Methodology: This study was conducted in two qualitative and quantitative dimensions. In the qualitative dimension, the statistical population of elites and specialists related to management were in the stock market of Tehran Stock Exchange who had executive records in decision-making levels. Qualitative research was selected and participated in the interview process. Targeted sampling method was used and 26 people were selected as interviewees. To analyze qualitative data, the research was used through content analysis and in a quantitative dimension, statistical population including all Active managers in the Tehran Stock Exchange, the sample size of which was obtained through the Cochran's formula of 225 managers and collected through a data encyclopedia, were then analyzed by SPSS and SLS software.Findings: According to the literature and statistical analysis, the competency model of capital market managers includes three dimensions and 26 components, which include general knowledge and skills, including components of strategic thinking, human resource management, project management, conflict management, Knowledge management is the delegation of authority, decision-making, personal learning and development, consequentialism and change management, then knowledge and expertise skills include components of systems management and financial processes, strategic financial program management, program Financial and budgeting, investment evaluation, cost-benefit analysis, cost and revenue management, audit and financial assurance, and individual and personality dimensions including self-management components, self-confidence, external Capitalism is creative thinking, building trust, flexibility and adaptability, systemic thinking, ethics and commitment.Conclusion: Therefore, considering the importance of the capital market as well as the competencies of managers for success, the mentioned model is used for decision makers and consultants in order to select managers in the capital market.