Document Type : پژوهشی

Authors

Abstract

The stakeholders' culture developing is one of the key factors influencing in the
development of capital markets and is one of the economic developments symbols.
Current survey, is measured the institutional investors and OTC brokers attitudes
about the variables affecting stakeholders culture developing.
This research is a descriptive survey that a census by making use of a researcher
made questionnaire that its validity was confirmed and its reliability with Cronbach's
alpha coefficient was obtained 0.87, analyzed institutional investors and OTC
brokers attitudes by Minitab and SPSS softwares, using the Kolmogorov-Smirnov
test (KS), One-sample Wilcoxon test, Mann-Whitney test (U) and the Kruskal-
Wallis test (H).
Results reveal that the OTC market's trading transparency, costs and supportive and
training mechanisms for investors and companies is appropriate. Furthermore, Iran's
OTC market providing innovation and diversification trading opportunities for
investors and decrease their risk to invest and participate in the capital market. Also,
there is no significant difference between institutional investors and brokers visions
on the examined variables. But, in aspects of educational levels, in all variables andaspects of the activity field, except the transactions transparency, is confirmed this
different perspectives.

Keywords

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