Fundamentals of Obligation for Providing Information to Stock Exchange

Author

Abstract

The recent evolutions in conditions of economic relations have prompt the scientists of the school of law and economics to make changes in contract law for the purpose of protecting the weaker classes. One of the changes in contract law is creation of the theory of obligation for providing information in stock exchange of which the first aim is to protect investors, but indirectly increases the prestige of listed companies and reduces the costs of fighting against fraud in market.The mentioned theory is designed in such a way that results into the wide disclosure of all dimensions of listed companies. This article seeks to identify the theoretical basis of the obligation for providing information for stock exchange and then it will represent the principles of performing this obligation.

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