Developing a Model for Protecting Investors' Rights with Emphasis on Accounting Constructs
Objective: Economic growth and development of a country are the results of the country's productive capacity and capital is one of the most important factors of production. Funding through the capital market is one of the least costly financing methods that require the trust of investors, the s...
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| Format: | Article |
| Language: | fas |
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University of Tehran
2019-07-01
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| Series: | بررسیهای حسابداری و حسابرسی |
| Subjects: | |
| Online Access: | https://acctgrev.ut.ac.ir/article_72154_c84cdf62a24e91d3e58c33b034eeeefc.pdf |
| _version_ | 1811285393622958080 |
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| author | Seyed Ali Hosseini Bahareh Shafizadeh |
| author_facet | Seyed Ali Hosseini Bahareh Shafizadeh |
| author_sort | Seyed Ali Hosseini |
| collection | DOAJ |
| description | Objective: Economic growth and development of a country are the results of the country's productive capacity and capital is one of the most important factors of production. Funding through the capital market is one of the least costly financing methods that require the trust of investors, the security of investment, and the protection of investors' rights. The purpose of this study is to provide a model for protecting the rights of investors with an emphasis on accounting constructs. Methods: In this research, by using theoretical sampling method and then snowball sampling, the factors influencing the investors' protection rights were investigated through interviewing experts and specialists including faculty members and people working in the securities and exchange organization or other elements of the capital market, by using the grounded theory methodology and analyzing the data obtained from the interview, factors affecting the protection of investors' rights were examined. Also, using open, axial and selective coding, the concepts, categories, specifications and dimensions of the categories were extracted and the categories referred to the conditions, strategies, intervening conditions, context conditions and consequences. The model was refined and validated by presenting the experts (some of whom had not previously been interviewed). Results: A model for protecting the rights of investors that has identified the components that affect the protection of investors' rights. Conclusion: Identifying the components of protecting the rights of investors increases the economic health of society and public confidence. It seeks to achieve economic justice and optimal allocation of resources, prevent corruption and financial mismanagement, promote the transparency of capital market information, capital market development, and create an active market, competition in the economy, economic development and industrial progress. |
| first_indexed | 2024-04-13T02:43:26Z |
| format | Article |
| id | doaj.art-cc92bbeaef7d43f58d641b1a20fade00 |
| institution | Directory Open Access Journal |
| issn | 2645-8020 2645-8039 |
| language | fas |
| last_indexed | 2024-04-13T02:43:26Z |
| publishDate | 2019-07-01 |
| publisher | University of Tehran |
| record_format | Article |
| series | بررسیهای حسابداری و حسابرسی |
| spelling | doaj.art-cc92bbeaef7d43f58d641b1a20fade002022-12-22T03:06:08ZfasUniversity of Tehranبررسیهای حسابداری و حسابرسی2645-80202645-80392019-07-0126219321610.22059/acctgrev.2019.277289.100813972154Developing a Model for Protecting Investors' Rights with Emphasis on Accounting ConstructsSeyed Ali Hosseini0Bahareh Shafizadeh1Assistant Prof., Department of Accounting, Faculty of Social and Economic Sciences, Alzahra University, Tehran, IranPh.D., Department of Accounting, Faculty of Social and Economic Sciences, Alzahra University of Tehran, IranObjective: Economic growth and development of a country are the results of the country's productive capacity and capital is one of the most important factors of production. Funding through the capital market is one of the least costly financing methods that require the trust of investors, the security of investment, and the protection of investors' rights. The purpose of this study is to provide a model for protecting the rights of investors with an emphasis on accounting constructs. Methods: In this research, by using theoretical sampling method and then snowball sampling, the factors influencing the investors' protection rights were investigated through interviewing experts and specialists including faculty members and people working in the securities and exchange organization or other elements of the capital market, by using the grounded theory methodology and analyzing the data obtained from the interview, factors affecting the protection of investors' rights were examined. Also, using open, axial and selective coding, the concepts, categories, specifications and dimensions of the categories were extracted and the categories referred to the conditions, strategies, intervening conditions, context conditions and consequences. The model was refined and validated by presenting the experts (some of whom had not previously been interviewed). Results: A model for protecting the rights of investors that has identified the components that affect the protection of investors' rights. Conclusion: Identifying the components of protecting the rights of investors increases the economic health of society and public confidence. It seeks to achieve economic justice and optimal allocation of resources, prevent corruption and financial mismanagement, promote the transparency of capital market information, capital market development, and create an active market, competition in the economy, economic development and industrial progress.https://acctgrev.ut.ac.ir/article_72154_c84cdf62a24e91d3e58c33b034eeeefc.pdfInvestingInvestors protectionAccounting constructsGrounded Theory |
| spellingShingle | Seyed Ali Hosseini Bahareh Shafizadeh Developing a Model for Protecting Investors' Rights with Emphasis on Accounting Constructs بررسیهای حسابداری و حسابرسی Investing Investors protection Accounting constructs Grounded Theory |
| title | Developing a Model for Protecting Investors' Rights with Emphasis on Accounting Constructs |
| title_full | Developing a Model for Protecting Investors' Rights with Emphasis on Accounting Constructs |
| title_fullStr | Developing a Model for Protecting Investors' Rights with Emphasis on Accounting Constructs |
| title_full_unstemmed | Developing a Model for Protecting Investors' Rights with Emphasis on Accounting Constructs |
| title_short | Developing a Model for Protecting Investors' Rights with Emphasis on Accounting Constructs |
| title_sort | developing a model for protecting investors rights with emphasis on accounting constructs |
| topic | Investing Investors protection Accounting constructs Grounded Theory |
| url | https://acctgrev.ut.ac.ir/article_72154_c84cdf62a24e91d3e58c33b034eeeefc.pdf |
| work_keys_str_mv | AT seyedalihosseini developingamodelforprotectinginvestorsrightswithemphasisonaccountingconstructs AT baharehshafizadeh developingamodelforprotectinginvestorsrightswithemphasisonaccountingconstructs |