How to cite this paper
Bonyara, M., Pousti, F & Jaffeux, C. (2002). Designing a compatible model of share issue privatization for Tehran stock exchange (TSE) development ,.Management Science Letters , 2(2), 549-560.
Refrences
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Asian Development Bank (ADB) (2001). Special Evaluation Study on the Privatization of Public Sector Enterprises: Lessons for Developing Countries.
Bortolotti, B., Fantini, M., & Siniscalco, D. (2004). Privatisation around the world: evidence from panel data. Journal of Public Economics, 88(102), 305-332.
Boubakri, N., Cosset, J. & Guedhami, O. (2008). Privatization in Developing Countries: Performance and Ownership Effects. Development Policy Review, 26(3), 275-308.
Bochner , S. E., & Finseth, E. J. (2004). Guide To The Initial Public Offering. Merrill Corporation.
Boutchkova, M. & Megginson, W. (2000). Privatization and the rise of Global Capital Markets. Journal of Financial Management 29, 31-76.
Brooks, C. (2008). Introductory Econometrics for Finance. Cambridge University Press.
Chiesa, G. & Nicodana, G. (2003). Privatization and Financial Market Development: Theoretical Issues. FEEM Working Paper.
Dalsenius, M. (2007). Effects of Stock Market Liquidity on Growth: Empirics and Theory. Working Paper, Uppsala University.
Damodaran, A. (2002). Investment valuation; tools and techniques for determining the value of any asset. New York, Published in John Wiley & Sons Inc.
Dewenter, K.L & Malatesta, P.H. (1997). Public Offerings of State-owned Enterprises: An International Comparison. Journal of Finance, 52, 1659-1679.
Doidge, C., Karolyi, G.A., & Stulz, R. M. (2004). Why are foreign firms listed in the U.S. worth more?. Journal of Financial Economics, 71, 205-238.
Domowitz, I., J. Glen, & A. Madhavan (1998). International Cross Listing and Order Flow Migration: Evidence from an Emerging Market. Journal of Finance, 53, 2001-2027.
Engle, R. F., Granger, C. W. J. (1987). Co-integration and error correction: Representation, estimation and testing. Econometrica, 55(2), 251-276.
FEEM (2002). Privatization and Financial Market Development. Research Report.
Filipovic A. (2005). Impact of privatization on economic growth. Political Economy, 14, August, pp1
Fondazione Eni Enrico Mattei (FEEM) (2002). Privatization and Financial Market Development. Research Project Report.
Glosten L.R. & Milgrom, P. R. (1985). Bid, Ask and Transaction Prices in a Specialist Market with Heterogeneously Informed Traders. Journal of Financial Economics, 14(1), 71-100.
Geddes, Ross (2003). IPO and Equity Offerings. Butterworth-Heinemann – The Securities Institute.
Gordon, J.T. (1994). The Delfi Method. Futures Research Methodology-V3.0.
Guriev, S. & Megginson, W. (2005). Privatization what have we learned?. ABCDE Conference- St Petersberg.
Hendry, D., Pagan, A.R. & Sargan, J. (1984). Dynamic specification & apos; in Z. Griliches, M.D.
Intriligator (eds), Handbook of Econometrics. North-Holland, Amsterdam, pp. 1023-1100.
Hendry, D.F., & Sternberg, T.V. (1981). Liquidity and inflation effects on consumers’ expenditure. In: Deaton _Ed.., Essays in the Theory and Measurement of Consumer’s Behavior. University Press, Cambridge, [8]24.
IOSCO. (2007). Factors Influencing Liquidity in Emerging Markets.
Iranian Privatization Organization, Performance Report 2002-10.
Iranian Privatization Organization (2004). Iran, Summary of Privatization Process, IPO Performance Report, Iran.
Jones, S. L., Megginson, W. L., Robert, C. N., & Netter , J. M. (1999). Share issue privatizations as financial means to political and economic ends. Journal of Financial Economics, 53, 217-253.
Kikeri, S. & Nellis, J. (2002). Lessons from Privatization in Developing Countries. Working Paper, World Bank.
Lombardo, D. & Pagano, M. (2000). Legal Determinants of the Return on Equity. Working Paper, Stanford University.
Megginson, W. L. & Netter, J. M. (2001). From State to Market: A Survey of Empirical Studies on Privatization. Journal of Economic Literature 59, 321-389.
Megginson, W. L. & Boutchkova, M. (2000). The impact of Privatization on Capital Market Development and Individual Share Ownership. FEEM Working Paper.
Megginson, W. L. (2005). The Financial Economics of Privatization.Oxford University Press, Inc.
National Iranian Industries Organization, Performance Report 1991-2000.
Naceur, S.B., Ghazouani, S., & Omran, M., (2007). The determinants of stock market development in the Middle-Eastern and North African region. Managerial Finance, 33(7), 477-489.
Nelson, C. R. & Plosser, C. I. (1982). Trends and random walks in macroeconomic time series: some evidence and implications. Journal of Monetary Economy, 10, 139-62.
Pagano, M. (1993). The Floatation of Companies and the Stock Market. European Economic Review, 37, 1101-1125.
Perron, P. (1989). The great crash, the oil price shock, and the unit root hypothesis. Econometrica, Econometric Society, 57(6), 1361-1401,
Privatization Barometer (2010). The Privatization Barometer Report, Italy.
Ritter, J., & Welch, I. (2002). A Review Of IPO Activity, Pricing, And Allocations. Yale International Center For Finance.
Phillips, A.W. (1957). Stabilization policy and the time forms of lagged responses. Economic Journal, 67, 265—277
Russell D. & MacKinnon, J. G. (1990). Regression-Based Methods for Using Control and Antithetic Variates in Monte Carlo Experiments. Working Papers 781, Queen & apos; s University, Department of Economics.
Subrahmaniam, S. & Titman, S. (1999). The going public decision and the development of financial markets. Journal of Finance, 54, 1045-1082.
Soren, J. (1988). Statistical analysis of cointegration vectors. Journal of Economic Dynamics and Control, Elsevier, 12(2-3), 231-254.
Tehran Stock Market Report (2011). Stock Market Statistic, Iran.
Asian Development Bank (ADB) (2001). Special Evaluation Study on the Privatization of Public Sector Enterprises: Lessons for Developing Countries.
Bortolotti, B., Fantini, M., & Siniscalco, D. (2004). Privatisation around the world: evidence from panel data. Journal of Public Economics, 88(102), 305-332.
Boubakri, N., Cosset, J. & Guedhami, O. (2008). Privatization in Developing Countries: Performance and Ownership Effects. Development Policy Review, 26(3), 275-308.
Bochner , S. E., & Finseth, E. J. (2004). Guide To The Initial Public Offering. Merrill Corporation.
Boutchkova, M. & Megginson, W. (2000). Privatization and the rise of Global Capital Markets. Journal of Financial Management 29, 31-76.
Brooks, C. (2008). Introductory Econometrics for Finance. Cambridge University Press.
Chiesa, G. & Nicodana, G. (2003). Privatization and Financial Market Development: Theoretical Issues. FEEM Working Paper.
Dalsenius, M. (2007). Effects of Stock Market Liquidity on Growth: Empirics and Theory. Working Paper, Uppsala University.
Damodaran, A. (2002). Investment valuation; tools and techniques for determining the value of any asset. New York, Published in John Wiley & Sons Inc.
Dewenter, K.L & Malatesta, P.H. (1997). Public Offerings of State-owned Enterprises: An International Comparison. Journal of Finance, 52, 1659-1679.
Doidge, C., Karolyi, G.A., & Stulz, R. M. (2004). Why are foreign firms listed in the U.S. worth more?. Journal of Financial Economics, 71, 205-238.
Domowitz, I., J. Glen, & A. Madhavan (1998). International Cross Listing and Order Flow Migration: Evidence from an Emerging Market. Journal of Finance, 53, 2001-2027.
Engle, R. F., Granger, C. W. J. (1987). Co-integration and error correction: Representation, estimation and testing. Econometrica, 55(2), 251-276.
FEEM (2002). Privatization and Financial Market Development. Research Report.
Filipovic A. (2005). Impact of privatization on economic growth. Political Economy, 14, August, pp1
Fondazione Eni Enrico Mattei (FEEM) (2002). Privatization and Financial Market Development. Research Project Report.
Glosten L.R. & Milgrom, P. R. (1985). Bid, Ask and Transaction Prices in a Specialist Market with Heterogeneously Informed Traders. Journal of Financial Economics, 14(1), 71-100.
Geddes, Ross (2003). IPO and Equity Offerings. Butterworth-Heinemann – The Securities Institute.
Gordon, J.T. (1994). The Delfi Method. Futures Research Methodology-V3.0.
Guriev, S. & Megginson, W. (2005). Privatization what have we learned?. ABCDE Conference- St Petersberg.
Hendry, D., Pagan, A.R. & Sargan, J. (1984). Dynamic specification & apos; in Z. Griliches, M.D.
Intriligator (eds), Handbook of Econometrics. North-Holland, Amsterdam, pp. 1023-1100.
Hendry, D.F., & Sternberg, T.V. (1981). Liquidity and inflation effects on consumers’ expenditure. In: Deaton _Ed.., Essays in the Theory and Measurement of Consumer’s Behavior. University Press, Cambridge, [8]24.
IOSCO. (2007). Factors Influencing Liquidity in Emerging Markets.
Iranian Privatization Organization, Performance Report 2002-10.
Iranian Privatization Organization (2004). Iran, Summary of Privatization Process, IPO Performance Report, Iran.
Jones, S. L., Megginson, W. L., Robert, C. N., & Netter , J. M. (1999). Share issue privatizations as financial means to political and economic ends. Journal of Financial Economics, 53, 217-253.
Kikeri, S. & Nellis, J. (2002). Lessons from Privatization in Developing Countries. Working Paper, World Bank.
Lombardo, D. & Pagano, M. (2000). Legal Determinants of the Return on Equity. Working Paper, Stanford University.
Megginson, W. L. & Netter, J. M. (2001). From State to Market: A Survey of Empirical Studies on Privatization. Journal of Economic Literature 59, 321-389.
Megginson, W. L. & Boutchkova, M. (2000). The impact of Privatization on Capital Market Development and Individual Share Ownership. FEEM Working Paper.
Megginson, W. L. (2005). The Financial Economics of Privatization.Oxford University Press, Inc.
National Iranian Industries Organization, Performance Report 1991-2000.
Naceur, S.B., Ghazouani, S., & Omran, M., (2007). The determinants of stock market development in the Middle-Eastern and North African region. Managerial Finance, 33(7), 477-489.
Nelson, C. R. & Plosser, C. I. (1982). Trends and random walks in macroeconomic time series: some evidence and implications. Journal of Monetary Economy, 10, 139-62.
Pagano, M. (1993). The Floatation of Companies and the Stock Market. European Economic Review, 37, 1101-1125.
Perron, P. (1989). The great crash, the oil price shock, and the unit root hypothesis. Econometrica, Econometric Society, 57(6), 1361-1401,
Privatization Barometer (2010). The Privatization Barometer Report, Italy.
Ritter, J., & Welch, I. (2002). A Review Of IPO Activity, Pricing, And Allocations. Yale International Center For Finance.
Phillips, A.W. (1957). Stabilization policy and the time forms of lagged responses. Economic Journal, 67, 265—277
Russell D. & MacKinnon, J. G. (1990). Regression-Based Methods for Using Control and Antithetic Variates in Monte Carlo Experiments. Working Papers 781, Queen & apos; s University, Department of Economics.
Subrahmaniam, S. & Titman, S. (1999). The going public decision and the development of financial markets. Journal of Finance, 54, 1045-1082.
Soren, J. (1988). Statistical analysis of cointegration vectors. Journal of Economic Dynamics and Control, Elsevier, 12(2-3), 231-254.
Tehran Stock Market Report (2011). Stock Market Statistic, Iran.