Public Sector Accounting and Budgeting

Public Sector Accounting and Budgeting

Identification and conceptual framework development of key indicators influencing the develompent of financial center cities

Document Type : Original Article

Authors
1 PhD Student of Financial engineering, Department of Economics, Faculty of Economics, Management and Accounting, Yazd University, Yazd, Iran
2 Associate Professor, Department of Economics, Faculty of Economics, Management and Accounting, Yazd University, Yazd, Iran
3 Professor, Department of Economics, Faculty of Economics, Management and Accounting, Yazd University, Yazd, Iran
4 Professor, Department of Management, Faculty of Economics, Management and Accounting, Yazd University, Yazd, Iran
Abstract
This study was conducted with the aim of identifying the key components that influence the development of financial  center cities. In the first stage, 142 scientific documents were identified and, after screening, 21 articles were selected as the analytical sample. To validate the extracted indicators, the opinions of ten experts in finance, urban economics, financial management, and financial consulting were obtained through purposive sampling. The research followed a qualitative approach based on thematic analysis, and the data were analyzed through open, axial, and selective coding. The findings revealed four main themes: financial and economic infrastructure, legal and regulatory frameworks, financial technology and innovation, and communication infrastructure and specialized human capital. The resulting conceptual framework can provide a foundation for policymaking and the development of financial cities, particularly in developing countries.
Keywords

Subjects


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Volume 6, Issue 3 - Serial Number 21
August 2025
Pages 149-184

  • Receive Date 28 June 2025
  • Revise Date 02 August 2025
  • Accept Date 13 September 2025