Role of Knowledge Management in Effectiveness of Financial Decision Making: A practical study in branches of Al-Rasheed Bank of Kerbala Governorate – Iraq

knowledge management, financial decision-making, Al-Rasheed Bank - Iraq.

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This study sheds light on role and importance of knowledge management in effectiveness of the process of making and taking financial and vital decisions at the level of Iraqi banking institutions. The main objective of the study is to focus attention of management of banks, study community, to importance of knowledge management with its dimensions in enhancing effectiveness of financial decision-making process in it. Al-Rasheed Bank, with its branch spread in Karbala Governorate, was selected as a community for current study. The questionnaire, which numbered (40), was distributed to various directors of departments, people's officials, and administrative and financial units in bank. Some statistical indicators (descriptive and analytical) available in statistical program (SPSS) were used. The most important finding of study is existence of a correlation relationship and a significant effect between study variables included in first and second main hypotheses in order to achieve effectiveness of financial decision-making in branches of Al-Rasheed Bank, Karbala, by adopting the dimensions of knowledge management.