Analyzing Shareholder Network in the Tehran Stock Exchange
The stock market plays an important role in the economic development of countries. Network analysis is one of the latest methods in analyzing the stock market. It is a new concept for a macro view of the whole market in quantitative science literature. Therefore, this research analyzes the available...
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Format: | Article |
Language: | English |
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Iran Finance Association
2019-10-01
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Series: | Iranian Journal of Finance |
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Online Access: | https://www.ijfifsa.ir/article_111733_d4d4bff5651fd01b7d886b38046d4af6.pdf |
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author | Reza Taghizadeh Amin Nazemi Mohammad SadeghzadehMaharluie |
author_facet | Reza Taghizadeh Amin Nazemi Mohammad SadeghzadehMaharluie |
author_sort | Reza Taghizadeh |
collection | DOAJ |
description | The stock market plays an important role in the economic development of countries. Network analysis is one of the latest methods in analyzing the stock market. It is a new concept for a macro view of the whole market in quantitative science literature. Therefore, this research analyzes the available Shareholder network in the Tehran Stock Exchange from 2013 to 2017. This research is based on a type of data collected and analyzed is quantitative research. And, its’ type is network analysis. The research results indicate that many of shareholders are connected to each other, although a class structure governs their relations. Some of the shareholders, in comparison with others, have a better position. Having a better position caused them to encounter fewer mediators in gaining access to other shareholders, and also easier access to available resources. The shareholders’ ability in gaining access to information through the cluster of network members enhances too. Therefore, it is claimed that these shareholders can play the role of key actors in the governing structure. Also, the results of the Pareto distribution indicate that the distribution of power among the Shareholders is approximately 25/75, that is, 75 per cent of the strength in the hands of 25 per cent of the Shareholders. |
first_indexed | 2024-04-11T07:43:31Z |
format | Article |
id | doaj.art-fbcab1e1b55a44569c4601d1bb19987a |
institution | Directory Open Access Journal |
issn | 2676-6337 2676-6345 |
language | English |
last_indexed | 2024-04-11T07:43:31Z |
publishDate | 2019-10-01 |
publisher | Iran Finance Association |
record_format | Article |
series | Iranian Journal of Finance |
spelling | doaj.art-fbcab1e1b55a44569c4601d1bb19987a2022-12-22T04:36:27ZengIran Finance AssociationIranian Journal of Finance2676-63372676-63452019-10-013411313410.22034/ijf.2020.207802.1084111733Analyzing Shareholder Network in the Tehran Stock ExchangeReza Taghizadeh0Amin Nazemi1Mohammad SadeghzadehMaharluie2Assistant Prof., Faculty of Economic, Management and Accounting, Yazd University, Yazd, Iran.Assistant Prof., Department of Acounting, School of Economics Management and Social Sciences, Shiraz University, Shiraz, Iran.Ph.D. Candidate, Department of Accounting, Faculty of Economic and Management Sciences, Shiraz University, Shiraz, Iran.The stock market plays an important role in the economic development of countries. Network analysis is one of the latest methods in analyzing the stock market. It is a new concept for a macro view of the whole market in quantitative science literature. Therefore, this research analyzes the available Shareholder network in the Tehran Stock Exchange from 2013 to 2017. This research is based on a type of data collected and analyzed is quantitative research. And, its’ type is network analysis. The research results indicate that many of shareholders are connected to each other, although a class structure governs their relations. Some of the shareholders, in comparison with others, have a better position. Having a better position caused them to encounter fewer mediators in gaining access to other shareholders, and also easier access to available resources. The shareholders’ ability in gaining access to information through the cluster of network members enhances too. Therefore, it is claimed that these shareholders can play the role of key actors in the governing structure. Also, the results of the Pareto distribution indicate that the distribution of power among the Shareholders is approximately 25/75, that is, 75 per cent of the strength in the hands of 25 per cent of the Shareholders.https://www.ijfifsa.ir/article_111733_d4d4bff5651fd01b7d886b38046d4af6.pdfshareholdernetwork analysistehran stock exchange |
spellingShingle | Reza Taghizadeh Amin Nazemi Mohammad SadeghzadehMaharluie Analyzing Shareholder Network in the Tehran Stock Exchange Iranian Journal of Finance shareholder network analysis tehran stock exchange |
title | Analyzing Shareholder Network in the Tehran Stock Exchange |
title_full | Analyzing Shareholder Network in the Tehran Stock Exchange |
title_fullStr | Analyzing Shareholder Network in the Tehran Stock Exchange |
title_full_unstemmed | Analyzing Shareholder Network in the Tehran Stock Exchange |
title_short | Analyzing Shareholder Network in the Tehran Stock Exchange |
title_sort | analyzing shareholder network in the tehran stock exchange |
topic | shareholder network analysis tehran stock exchange |
url | https://www.ijfifsa.ir/article_111733_d4d4bff5651fd01b7d886b38046d4af6.pdf |
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