Factors affecting the establishment of the electronic stock market in Iran based on the three-pronged model and solutions for its implementation

Number of pages: 130 File Format: word File Code: 30340
Year: 2014 University Degree: Master's degree Category: Management
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  • Summary of Factors affecting the establishment of the electronic stock market in Iran based on the three-pronged model and solutions for its implementation

    Government Management of Dissertation Financial Orientation

    Abstract

    Electronic stock exchange in advanced capital markets has been established as a step forward in the development of electronic government. However, this issue is considered a new issue in the Iranian stock market. In developed countries, attention has been paid to the establishment of electronic monitoring as one of the most important prerequisites for the establishment of an electronic stock exchange. Because the development of the market without the development of supervision will reduce its efficiency and, as a result, reduce the trust of the shareholders in the market and make it unattractive for domestic and international investors. In addition to this importance, it should also be noted that there are other factors that can influence the establishment of the electronic stock market.

    The purpose of this research was to investigate the factors affecting the establishment of the electronic stock market in Iran based on the three-pronged model and strategies for its implementation. For this purpose, 385 experts and specialists in the field of electronic commerce and activists and brokers in the stock market were selected by a simple random sampling method and answered the questionnaires prepared by the researcher. At the end, the results obtained from the research questionnaires were analyzed with the help of the T-Tech test, and the results showed that structural, behavioral and background factors have a significant effect (p<0.01) on the establishment of the electronic stock exchange in Iran.

  • Contents & References of Factors affecting the establishment of the electronic stock market in Iran based on the three-pronged model and solutions for its implementation

    List:

    Table of Contents

    Title

    Abstract 1

    Chapter 1: General Research

    1-1- Introduction. 3

    1-2- Statement of the problem. 3

    1-3- The importance of research. 4

    1-4- Research objectives. 5

    1-5- Research questions: 6

    1-1- Research hypotheses: 6

    1-6- Research model. 7

    1-7- The scope of research. 8

    1-8- Information gathering tool. 8

    1-9- Definition of research variables and keywords: 9

    1-10- Research structure. 10

    Chapter Two: Theoretical Foundations and Research Background

    2-1- Introduction. 13

    The first part - theoretical foundations of the research. 13

    2-2- Electronic commerce. 13

    2-3- The history of electronic commerce. 14

    2-4- Buyer and seller relations in electronic commerce. 15

    2-5- Electronic stock exchange in Iran. 17

    2-6- Platforms for establishing the electronic system in the stock exchange. 18

    2-7- Requirements and requirements for the implementation of the electronic stock exchange. 20

    2-8- Benefits of implementing the electronic stock exchange. 21

    2-9- An overview of stock market developments. 23

    2-10- Looking at the stock exchange situation in Iran and examining its shortcomings. 24

    2-10-1-. Tehran Stock Exchange. 25

    2-10-2. Weaknesses and shortcomings of the current trading system. 26

    The second part - the empirical background of the research. 27

    2-11- The internal background of the research. 27

    2-12- The external background of the research. 33

    The third part - a brief about the research community. 36

    2-13- Stock Exchange. 36

    2-14- Tehran Stock Exchange. 36

    2-15- Capital increase of companies 37

    Chapter three: research methodology

    3-1- Introduction. 42

    3-2- Research methodology. 42

    3-3- Research variables. 43

    3-4- Methods and tools for collecting information. 43

    3-5- The statistical population of the research. 43

    3-6- Statistical sample. 43

    3-7- Sampling method. 44

    3-8- The scope of research. 44

    3-9- Measuring tool. 45

    3-10- The section measuring the structural factors affecting the establishment of the electronic stock exchange. 46

    3-11- The section measuring the behavioral factors affecting the establishment of the electronic stock exchange. 46

    3-12- Section of measuring background factors affecting the establishment of electronic stock exchange. 47

    3-13- Validity of research tools. 47

    3-13-1-. Validity of the questionnaire. 48

    3-13-2-. Reliability of the questionnaire. 48

    3-14- Information analysis methods. 49

    Chapter Four: Data Analysis

    4-1- Introduction. 52

    4-2- The descriptive analysis section of the research. 52

    4-2-1- Gender. 52

    4-2-2- Marriage. 53

    4-2-3- Education. 54

    4-2-4- Age. 55

    4-2-5- History of activity in the stock market. 56

    4-3- The inferential analysis section of the research. 57

    4-4- Prioritizing factors affecting the establishment of the electronic stock market in Iran. 65

    Chapter Five: Conclusions and Suggestions

    5-1- Introduction. 68

    5-2- The results of research hypotheses. 68

    5-3- Research proposals. 72

    5-3-1- Executive proposals. 72

    5-3-2- Research proposals. 74

    5-4- Research limitations. 74

    Appendices and appendices 76

    Resources and sources. 119

    Persian sources 120

    English sources. 121

    English abstract. 123

    Table List

    Page Number Title

    Table 2-1- Evolutionary Garlic of the Stock Exchange in Iran. 25

    Table 3-1- Demographic variables of the questionnaire. 45

    Table 3-2 Likert scale. 46

    Table 3-3- Section of structural factors affecting the establishment of electronic stock exchange. 46

    Table 4-3- Section measuring the behavioral factors affecting the establishment of the electronic stock exchange. 47

    Table 5-3- Section of measuring background factors affecting the establishment of electronic stock exchange. 47

    Table 3-6 - Cronbach's alpha of questionnaires 49

    Table 4-1: Gender distribution. 52

    Table 4-2: Marital distribution. 53

    Table 4-3: Education distribution. 54

    Table 4-4: Age distribution. 55

    Table 4-5: History distribution55

    Table 4-5: Distribution of history of activity in the stock market. 56

    Table 6-4: Statistics related to the Kolmogorov Smirnov test. 57

    Table 7-4- The results related to the structural factors and establishment of electronic stock exchange. 58

    Table 8-4- The results related to the behavioral factors and the establishment of the electronic stock exchange. 59

    Table 9-4- The results related to the background factors and the establishment of the electronic stock exchange. 59

    Table 10-4- The results related to expert manpower and establishment of electronic stock exchange. 60

    Table 11-4- The results related to telecommunication factors and the establishment of electronic stock exchange. 61

    Table 12-4- Results related to electronic banking and establishment of electronic stock exchange. 61

    Table 13-4- The results related to the technical infrastructure of the exchange and the establishment of the electronic exchange. 62

    Table 14-4- The results related to the acceptance of the stock exchange managers and the establishment of the electronic stock exchange. 63

    Table 15-4- The results related to the acceptance of shareholders and the establishment of the electronic stock exchange. 63

    Table 16-4- The results related to the legal and legal platforms and the establishment of the electronic stock exchange. 64

    Table 17-4- The results related to cultural factors and the establishment of electronic stock exchange. 64

    Table 18-4- The results related to the economic costs and the establishment of the electronic stock exchange. 65

    Table 19-4- The results related to the factors affecting the establishment of the electronic stock market in Iran. 66

    Grass List

    Page Number Title

    Chart 2-1- Current trading system in Iran. 27

    Chart 2-2: Structure of Tehran Stock Exchange. 37

    Chart 4-1: Gender distribution. 53

    Chart 4-2: Marital distribution. 54

    Chart 4-3: Education distribution. 55

    Chart 4-4: Age distribution. 56

    Chart 4-5: Distribution of history of activity in the stock market. 57

    Source:

    Persian sources:

    Baqrinejad, Jafar; star, halo (1385). Presenting the electronic readiness assessment model of the stock exchange organization for the implementation of electronic government. The first national conference of Electronic Exchange.

    Bakhrian, Abbas. (1385). electronic stock exchange; Standards and intelligent supervisory systems. The first national conference of Electronic Exchange.

    Botokhte, Akram; Mohammadzadeh, Amir. (1385). Examining the obstacles of not setting up an electronic stock exchange in Iran's capital market.  The first national conference of Electronic Exchange.

    Bagai Ravari, Javad; Moghdisi, Alireza (2006). Presenting a three-dimensional model of the challenges of implementing e-commerce in Iran. Journal of Knowledge and Development, No. 19, 113-83.

    Jafarpour, Delbar; Fathi, Fatima. (1385). Electronic stock exchange in Iran: importance, infrastructure and benefits. The first national conference of Electronic Exchange.

    Shahrabadi, Abolfazl; Salimi, Mahmoud. (1385). Income on Nasdaq Electronic Exchange. The first national conference of Electronic Exchange.

    Grami, Mehdi; Mohammadzadeh, Amir. (1385). Investigating the country's banking system in relation to the electronic stock market. The first national conference of the Electronic Exchange.

    Mousakhani, Mohammad; Ansari, Manouchehr; Mehrabi Lavasani, Raheel. (1389). Investigating the role of website quality and its habit in e-commerce, case study: Raja Passenger Trains Company. The 4th International Marketing Management Conference. Mirshjaei, Seyed Hossein. 2015. Information technology and its applications in the electronic stock exchange organization. The first national conference of the electronic stock exchange. Hashemi, Seyed Majid. E-commerce and the Scientific Research of the University, 27-44 5

    Berners-Lee, T. (1998). http://www.designingIsses.html (last modified Sept. 17, 1998). 471-507.

    Fairchild, P.M.A. Ribbers., A.O. (2004).

Factors affecting the establishment of the electronic stock market in Iran based on the three-pronged model and solutions for its implementation