文章基本信息

标题：Ranking of Financing Methods for Renovation and Improvement of Urban Decay in Khorasgan in Isfahan Province
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作者：Narges Mohammad Hosseini ; Homayoun Ranjbar ; Mohammad Alimoradi 等
期刊名称：International Journal of Academic Research in Business and Social Sciences
电子版ISSN：2222-6990
出版年度：2013
卷号：3
期号：5
页码：648-660
出版社：Human Resource Management Academic Research Society
摘要：Financial resources are regarded as driving engine of economic activities and implementing investment plans is not possible or is faced with problem without financial resources or not predicting or planning to supply them. Given to diversity and extensiveness of financing methods and resources, choosing the best option is often a difficult task and decision making about it requires considering several factors such as beneficiaries and cultural and social conditions. Financing for renovation and improvement of urban decay includes various methods. In the present survey, the most important financing methods for renovation and improvement of urban decay and effective standards on choosing an appropriate financing method were exploited through historical study and field study. Therefore, preferences of investment and financial experts through paired comparisons of standards and financing methods with regard to each research standard were exploited using a questionnaire designed based on Analytical Hierarchy Process (AHP). Then relative weights of effective standards and financing methods with regard to each research standard were calculated using AHP method and data related to paired comparisons was extracted from the questionnaire. Final weight of financing methods in terms of research standards or in other words ranking of the applied financing methods in the survey were determined by merging the obtained relative weights. According to results, the most important financing methods for renovation and improvement of urban decay in Khvorasgan in Isfahan province include bonds, metric sales, project shareholder, banking facilities and investment method of the private sector. Main effective standards contain lower risk, higher rate of return, more participation of the private sector, lower financial expenses, lower cost of financing and more ceiling of cash financing. Ranking of standards reveal the most important standards according to financial and investment experts are higher rate of return, more participation of the private sector and maximum amount of financing with relative weights of 0.420, 0.281 and 0.157 and three standards related to lower costs and risk have relative weights and thus relative importance. Among the above-mentioned financing methods, research results recommend two methods of bonds and investment of the private sector with final weights equal to 0.314 and 0.267 respectively. Three methods of project shareholder, metric sales and banking facilities obtained lower final weights.
关键词：financing; participation; improvement and renovation; urban decay; Analytical ;Hierarchy Process (AHP)