Re-evaluation of Public Companies from a Jurisprudential and Legal Point of View
Transparency of information and up-to-dateness of financial statements of joint-stock companies is one of the important elements in realizing market efficiency. During the last few decades, significant inflations in Iran's economy have doubled the need to reassess the assets of companies, espec...
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| Format: | Article |
| Language: | fas |
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Imam Sadiq University
2023-09-01
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| Series: | تحقیقات مالی اسلامی (پیوسته) |
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| Online Access: | https://ifr.isu.ac.ir/article_76808_78766b03fe7770ebfd725d6c76023bda.pdf |
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| _version_ | 1832585214390435840 |
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| author | Amirhossein Esesami Zahra Shiri |
| author_facet | Amirhossein Esesami Zahra Shiri |
| author_sort | Amirhossein Esesami |
| collection | DOAJ |
| description | Transparency of information and up-to-dateness of financial statements of joint-stock companies is one of the important elements in realizing market efficiency. During the last few decades, significant inflations in Iran's economy have doubled the need to reassess the assets of companies, especially public companies and capital market asset-based companies. In inflationary conditions, if the assets are not reassessed, the company's financial statements will not be a favorable report of the company's current situation. Since, from the point of view of famous jurists, shares are the common share of the company's assets, transparency in the description of the characteristics and characteristics of the sold item is one of the conditions for the validity of the sale, and if the description of the sold item is ambiguous in some ways and does not reflect the reality of the sale. , will face the transaction with the suspicion of being fraudulent. This research, with an analytical-descriptive method, has investigated the jurisprudence of the necessity of revaluation of assets in public companies. As a result, it can be said that in a situation where the inflation rate is significant and causes a significant difference in the value of book assets from their fair value on the day, in order to avoid suspicion of fraud in stock trading, especially asset-oriented companies. It is necessary to reassess the assets of these companies and reflect them in the financial statements. |
| format | Article |
| id | doaj-art-14a4711eebe34e489abf712d555d2699 |
| institution | Kabale University |
| issn | 2251-8290 2588-6584 |
| language | fas |
| publishDate | 2023-09-01 |
| publisher | Imam Sadiq University |
| record_format | Article |
| series | تحقیقات مالی اسلامی (پیوسته) |
| spelling | doaj-art-14a4711eebe34e489abf712d555d26992025-01-26T16:05:34ZfasImam Sadiq Universityتحقیقات مالی اسلامی (پیوسته)2251-82902588-65842023-09-0112355759410.30497/ifr.2023.244552.183676808Re-evaluation of Public Companies from a Jurisprudential and Legal Point of ViewAmirhossein Esesami0Zahra Shiri1Revaluation of Assets; Public Company; Information Transparency; Luxury Transactions.Islamic Finance Researcher; & DBA Student, Islamic Financial Scientific Association of Iran, Tehran, IranTransparency of information and up-to-dateness of financial statements of joint-stock companies is one of the important elements in realizing market efficiency. During the last few decades, significant inflations in Iran's economy have doubled the need to reassess the assets of companies, especially public companies and capital market asset-based companies. In inflationary conditions, if the assets are not reassessed, the company's financial statements will not be a favorable report of the company's current situation. Since, from the point of view of famous jurists, shares are the common share of the company's assets, transparency in the description of the characteristics and characteristics of the sold item is one of the conditions for the validity of the sale, and if the description of the sold item is ambiguous in some ways and does not reflect the reality of the sale. , will face the transaction with the suspicion of being fraudulent. This research, with an analytical-descriptive method, has investigated the jurisprudence of the necessity of revaluation of assets in public companies. As a result, it can be said that in a situation where the inflation rate is significant and causes a significant difference in the value of book assets from their fair value on the day, in order to avoid suspicion of fraud in stock trading, especially asset-oriented companies. It is necessary to reassess the assets of these companies and reflect them in the financial statements.https://ifr.isu.ac.ir/article_76808_78766b03fe7770ebfd725d6c76023bda.pdfrevaluation of assetspublic companyinformation transparencyluxury transactions |
| spellingShingle | Amirhossein Esesami Zahra Shiri Re-evaluation of Public Companies from a Jurisprudential and Legal Point of View تحقیقات مالی اسلامی (پیوسته) revaluation of assets public company information transparency luxury transactions |
| title | Re-evaluation of Public Companies from a Jurisprudential and Legal Point of View |
| title_full | Re-evaluation of Public Companies from a Jurisprudential and Legal Point of View |
| title_fullStr | Re-evaluation of Public Companies from a Jurisprudential and Legal Point of View |
| title_full_unstemmed | Re-evaluation of Public Companies from a Jurisprudential and Legal Point of View |
| title_short | Re-evaluation of Public Companies from a Jurisprudential and Legal Point of View |
| title_sort | re evaluation of public companies from a jurisprudential and legal point of view |
| topic | revaluation of assets public company information transparency luxury transactions |
| url | https://ifr.isu.ac.ir/article_76808_78766b03fe7770ebfd725d6c76023bda.pdf |
| work_keys_str_mv | AT amirhosseinesesami reevaluationofpubliccompaniesfromajurisprudentialandlegalpointofview AT zahrashiri reevaluationofpubliccompaniesfromajurisprudentialandlegalpointofview |