Provide a model for identifying the factors affecting the instabilityof the Tehran Stock Exchange based on the Grounded theory
Subject Areas : Stock Exchangehossein hashemnezhad 1 , Khadijeh Ebrahimi 2 , Mehdi Safari Graili 3
1 - PhD student in accounting, Najaf Abad branch, Islamic Azad University of Najaf Abad, Iran
2 - Assistant Professor of Accounting Department, Najaf Abad Branch, Islamic Azad University, Najaf Abad, Iran
3 - Associate Professor of Accounting Department, Bandar Gaz Branch, Islamic Azad University, Bandar Gaz, Iran
Keywords: Behavioral Finance, Grounded Theory, Key words: Instability,
Abstract :
AbstractInvestigating the instability of financial markets, including the stock exchange, is considered one of the most important topics in the literature of international finance. Therefore, the main goal of this research is to identify the main and sub-components affecting the volatility of Tehran Stock Exchange and to present the relevant conceptual model based on the foundation's data analysis. The methodology of this research is part of exploratory research in terms of its goal and its implementation method is qualitative. The statistical population of this research includes financial experts, who were selected by using the snowball sampling method in the number of 14 people. Then by conducting interviews, collecting the necessary data and after coding, the research model based on the theoretical framework includes 12 sub-components in the form of 4 main components: 1) Characteristics of Tehran Stock Exchange 2) Economic factors 3) Political factors 4) The influence of the government was designed. And solutions related to the management of the above factors are also provided.
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