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Dr.jahan khani contributed another article to this edition, and this one in co-authorship with farhad abdollahzadeh. Their paper deals with the pricing of the securities in the Tehran Stock Exchange. The criteria and process for determining the interinsic value of the stocks for the companies which...

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Bibliographic Details
Main Authors: دکتر علی جهانخانی, فرهاد عبدالله زاده
Format: Article
Language:fas
Published: University of Tehran 1994-03-01
Series:تحقیقات مالی
Online Access:https://jfr.ut.ac.ir/article_26036_194d6a471ad67268989107923f6f77ea.pdf
Description
Summary:Dr.jahan khani contributed another article to this edition, and this one in co-authorship with farhad abdollahzadeh. Their paper deals with the pricing of the securities in the Tehran Stock Exchange. The criteria and process for determining the interinsic value of the stocks for the companies which are admitted to the Exchange and the control mechanism over their prices are discussed in detail. Since there is no over-the-counter market in Iran, corporate stocks which are atmitted to the Stock Exchange for the first time don't have market price. It is, therefore, necessary for the officials of the Tehran Stock Exchange to assess the common stocks and determine their initial or basic values. This is done with the consent of stock holders which offer their stocks for sale. The authors have presented a critical view of current method of assessing the stocks and have offered an improved method which they believe is more in line with the acceptable criteria for pricing of the securities in Iranian financial markets.
ISSN:1024-8153
2423-5377