The capacity of the stock market for the growth of investment in the country – Tejaratnews
According to Tejarat News, Majid Eshghi, head of the stock exchange organization, said at the annual conference of the Iran Financial Association in Isfahan: holding specialized meetings will definitely be useful if it results in providing practical solutions for policy-making and implementation challenges.
He continued: “For a long time, the stock exchange organization has held consensus meetings and consultations with the famous professors and heads of the organization once every two weeks, which has been the source of many beneficial effects. Unfortunately, during the past ten years, the investment trend has been negative and depreciation has exceeded capital formation, and this is the most important concern of the country’s economy and the stock exchange organization.
This official explained: One of the main tasks of scientific associations and academic centers of pathology is the negation of investment and the way out of it. The country has no choice but to increase investment to solve its challenges.
Avoiding losses to beneficiaries
Majid Eshghi said: Of course, some obstacles are political, but some obstacles are internal and internal politics. Investment security and predictability are very important for an investor. Can our investor predict the next three or five years?
He continued: Respecting investment and private property is our constant concern, and sometimes we see that with a wrong decision, relations between millions of stakeholders of an industry are broken. The discussion of corporate governance reform is the core of the work of the stock exchange organization. Balancing the relationship between stakeholders and preventing losses to one side from another stakeholder is our serious agenda.
Eshghi stated: The corporate governance guidelines and other matters remained silent for years, and we will insist on their implementation with reforms.
The board of directors of companies have a heavy duty that sometimes they are not aware of their duties
When we expect investment development from the private sector, we should not distort security and predictability every year for various reasons such as the annual budget, etc. Because next year’s investor will no longer trust our policies. Our effort has been to manage this issue in the recent turmoil.
The board of directors of companies have a heavy role, unfortunately, sometimes they are not aware of their duties, powers, obligations and responsibilities. We will pursue both education and demand and supervision more seriously.
The issue of valuation and financing of knowledge-based companies is very important. Our ideal perspective is to increase the share of knowledge-based companies in the capital market.
There are also venture capital structures that have begun to develop. This event can definitely increase productivity in the economy.