Company Management of Pension Funds in the Social Security System of Iran
Pension funds for maintaining the balance of resources and expenditure invest in different ways; one of the most common practices is owning companies’ stocks. The tendency of many pension funds to this type of investment have led to the management of companies. Management of companies by pension fun...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | fas |
| Published: |
Allameh Tabataba'i University Press
2019-08-01
|
| Series: | Faṣlnāmah-i Pizhūhish-i Huqūq-i ̒Umūmī |
| Subjects: | |
| Online Access: | https://qjpl.atu.ac.ir/article_10446_b1296774061fabc869fad35af4a42f1d.pdf |
| _version_ | 1797359417817038848 |
|---|---|
| author | morteza rostami Hasan Badini |
| author_facet | morteza rostami Hasan Badini |
| author_sort | morteza rostami |
| collection | DOAJ |
| description | Pension funds for maintaining the balance of resources and expenditure invest in different ways; one of the most common practices is owning companies’ stocks. The tendency of many pension funds to this type of investment have led to the management of companies. Management of companies by pension funds (in the sense of having a stock management) as an emerging issue in the legal literature of our country has faced different regulatory policies; some are limiting or prohibiting and others are prescribing. Even though the legislator's last determination was to ban the company management of Iran's pension funds, some have gone too far from their social goals by forming investment companies. This essay using a comparative approach and library analysis, after explaining the legal status of firms has tried to analyze the background and reasons for company management of pension funds including paying of government debt to funds, capital market restrictions in Iran and entrepreneurial profitability. The findings show that if pension funds want to pay more attention to the rights of their members, it is necessary to significantly reduce the company managing, establish balancing through acquisition of shares of investment companies and other investment practices. |
| first_indexed | 2024-03-08T15:17:17Z |
| format | Article |
| id | doaj.art-73034b3caa504ef9bcfebde2b795dd34 |
| institution | Directory Open Access Journal |
| issn | 2345-6116 2476-6216 |
| language | fas |
| last_indexed | 2024-03-08T15:17:17Z |
| publishDate | 2019-08-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | Faṣlnāmah-i Pizhūhish-i Huqūq-i ̒Umūmī |
| spelling | doaj.art-73034b3caa504ef9bcfebde2b795dd342024-01-10T10:51:30ZfasAllameh Tabataba'i University PressFaṣlnāmah-i Pizhūhish-i Huqūq-i ̒Umūmī2345-61162476-62162019-08-01216327129510.22054/qjpl.2019.22376.153010446Company Management of Pension Funds in the Social Security System of Iranmorteza rostami0Hasan Badini1مدرس دانشگاهAssociate Professor, Law and Political Science Faculty, University of TehranPension funds for maintaining the balance of resources and expenditure invest in different ways; one of the most common practices is owning companies’ stocks. The tendency of many pension funds to this type of investment have led to the management of companies. Management of companies by pension funds (in the sense of having a stock management) as an emerging issue in the legal literature of our country has faced different regulatory policies; some are limiting or prohibiting and others are prescribing. Even though the legislator's last determination was to ban the company management of Iran's pension funds, some have gone too far from their social goals by forming investment companies. This essay using a comparative approach and library analysis, after explaining the legal status of firms has tried to analyze the background and reasons for company management of pension funds including paying of government debt to funds, capital market restrictions in Iran and entrepreneurial profitability. The findings show that if pension funds want to pay more attention to the rights of their members, it is necessary to significantly reduce the company managing, establish balancing through acquisition of shares of investment companies and other investment practices.https://qjpl.atu.ac.ir/article_10446_b1296774061fabc869fad35af4a42f1d.pdfinvestmentcompany managementportfolioprivatizationpension fund |
| spellingShingle | morteza rostami Hasan Badini Company Management of Pension Funds in the Social Security System of Iran Faṣlnāmah-i Pizhūhish-i Huqūq-i ̒Umūmī investment company management portfolio privatization pension fund |
| title | Company Management of Pension Funds in the Social Security System of Iran |
| title_full | Company Management of Pension Funds in the Social Security System of Iran |
| title_fullStr | Company Management of Pension Funds in the Social Security System of Iran |
| title_full_unstemmed | Company Management of Pension Funds in the Social Security System of Iran |
| title_short | Company Management of Pension Funds in the Social Security System of Iran |
| title_sort | company management of pension funds in the social security system of iran |
| topic | investment company management portfolio privatization pension fund |
| url | https://qjpl.atu.ac.ir/article_10446_b1296774061fabc869fad35af4a42f1d.pdf |
| work_keys_str_mv | AT mortezarostami companymanagementofpensionfundsinthesocialsecuritysystemofiran AT hasanbadini companymanagementofpensionfundsinthesocialsecuritysystemofiran |