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On 20th August 2008, Tehran Stock Exchange held a one-day seminar in Tehran on "Corporate Governance: Necessities and Requirements" with the cooperation of some professional financial institutes.
The seminar consisted of three panels organized thematically: understanding the corporate governance and its functions, corporate governance structures, and institutionalizing corporate governance in Iranian organizations. The panelists emphasized the importance of corporate governance for Iranian social and economic development.
Moreover, before the panels, two articles with the titles of "corporate governance fundamentals and requirements" and "management and economic aspects of corporate governance" were presented by two experts.
This seminar was a groundbreaker; it was the first time that Iranian financial institutes, leading experts, business leaders and scholars came together to discuss corporate governance and its effects on the actions of corporate boards.
About Tehran Stock Exchange Corporation (TSE):
TSE was launched in February 1967 and has come a long way. TSE Demutualized in 2006 after New "securities market law" ratified in 2005. Today, TSE has evolved into an exciting and growing marketplace where individual and institutional investor trade securities of over 332 companies from different industries. TSE is the only organized security market in Iran and has 90 members (brokers) and about 6,150 shareholders.
