1- 1- Assistant Professor, Faculty of Law and Political Siences, University of Tehran, Tehran, Iran
2- 2- Ph.D. Student, Department of Law, University of Tehran, Tehran, Iran
Abstract: (6886 Views)
This research investigates the bank ownership structure in Iran’s stock exchange market using comparative study in the developed countries such as USA and Australia in the one hand, and South American countries such as Chili on the other. It has been proven that while the form of corporate structure, whether in form of a joint-stock company or other forms, hardly affects the corporate efficiency, concentration has strong correlation with efficiency. It has been also found that, while in the developed countries the foreign banks efficiency is much less than that in the domestic ones, foreign banks play an important role in the efficiency of domestic banks in the developing countries, because their entrance in the latter carries expertise as well as technology. Since Iran is considered as a developing country, it is expected that the banks function in Iran is the same as in other developing countries. Consequently the experiences of such countries should be taken into consideration.
Received: 2010/09/26 | Accepted: 2011/07/27 | Published: 2011/09/21