Structural Equation Modeling of Sustainable Financial Management in Sport for All

Behrooz  Sadoughi; Mohammadrahim Najafzadeh; Farrokhlega  Najafzadeh

Authors

Behrooz Sadoughi Department of Physical Education, Ta.C., Islamic Azad University, Tabriz, Iran. Author https://orcid.org/0009-0008-1150-178X
Mohammadrahim Najafzadeh Department of Physical Education, Ta.C., Islamic Azad University, Tabriz, Iran. https://orcid.org/0000-0002-8352-9318
Farrokhlega Najafzadeh Department of Physical Education, Ta.C., Islamic Azad University, Tabriz, Iran. Author https://orcid.org/0000-0001-9224-6259

Keywords:

sustainable financial management, sport for all, structural equation modeling, financial management

Abstract

The present study was conducted with the aim of structural equation modeling of sustainable financial management in sport for all. This applied research was conducted using a quantitative method based on structural equation modeling in the quantitative section. The statistical population included all employees, deputies, and managers of the Sport for All Federation and the Sport for All boards in the provincial capitals of the country. The required statistical sample size was determined as 138 participants using G*Power software, and the statistical sampling method was stratified random sampling. The data collection instrument was a questionnaire derived from the findings of the qualitative phase. In the data analysis stage, the data collected through the questionnaire were entered into SPSS version 23 and SmartPLS version 3.1.1 and analyzed using descriptive statistics and structural equation modeling. The significance level in all stages of data analysis was set at 0.05. The results showed that the research model had an appropriate fit, and that causal factors had a significant relationship with the central phenomenon (p = 0.001; t = 15.590), while the central phenomenon also had a significant relationship with strategies (p = 0.001; t = 4.060). In addition, contextual factors (p = 0.001; t = 3.303) and intervening factors (p = 0.001; t = 3.233) had significant relationships with strategies, and finally, strategies had a significant relationship with outcomes (p = 0.001; t = 18.520). Overall, the findings of this study indicate that achieving sustainable financial management in sport for all requires simultaneous attention to reforming financing structures, strengthening financial governance, developing revenue-source diversification, and using technology and transparency in management. Accordingly, it is recommended that policymakers and managers in the field of sport for all provide the necessary conditions for the effective implementation of the strategies proposed in this model by designing diverse financing mechanisms and strengthening the participation of the private sector and social institutions.

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