Legal Nature of the Underwriting

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

Norouzi Yaghoob; Shamsollahi Mohsen

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: COMMERCIAL SURVEYS Year:2021 | Volume:19 | Issue:107 Page(s): 125-141

Download Full-Text

Persian Verion

View:

102

Download:

Cites:

Information Journal Paper

Title

Legal Nature of the Underwriting

Author(s)

Norouzi Yaghoob | Shamsollahi Mohsen | Issue Writer Certificate

Keywords

Securities / Stock Offering / Primary Market / buying / Underwriting

Abstract

Underwriting plays an important role in the initial public offering of securities. In fact, the issuers of securities employ the underwriters for two main purposes: their first goal is to get a guarantee for the sale of securities, so that they can be assured of future sales of their shares; their other purpose is also facilitating the finding of a buyer for the securities. In this sense, the underwriters also play the role of mediator between the issuer and the investor. This dual function of the Underwriting makes it difficult to identify its legal nature. For this reason, the main issue to be considered in this article is the legal nature of the underwriting. Also, from commercial law point of view, it is necessary to determine what is the relation of Underwriting with institutions such as factoring and brokerage, and generally whether it is a commercial act or not. In short, the Underwriting contract appears to be a contract, but not in the form of any specific contract, and it is a special legal format in which the issuer's discretion is only limited to choosing the underwriter. From a business perspective, the act of Underwriting does not seem to be an original commercial practice, but rather a Subordinate commercial practice.

Multimedia

No record.

Cites

No record.

References

No record.

Cite

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans