The impact of the financial crisis caused by the covid-19 on the stock index of companies admitted to the Tehran Bahadour stock exchange

Subject Areas : Financial Economics

امیررضا کیقبادی ¹ (گروه حسابداری، واحد تهران مرکزی،دانشگاه آزاد اسلامی، تهران، ایران)
mozhgan khodaverdi ² (Department of Accounting, Central Tehran Branch, Islamic Azad University, Tehran, Iran,)

Received: 2022-09-04 Published : 2024-07-10

Keywords: Financial Crisis, : Share Price Index, : Corona Epidemic,

Abstract :

One of the factors that can affect the stock price index of listed companies is the financial crisis. Some economists believe that the financial markets of developing countries such as Iran will not be affected by the financial crisis due to lack of integration or interaction with the world's financial markets. In fact, the most important mistake that these people made in their analysis is that the mechanism of financial market influence in two groups of countries that interact and integrate financially with each other and the other group with each other. The world's financial markets do not have the same, they consider the same. The present paper examines the impact of the Corona financial crisis on the stock price index of companies, which is applied in terms of purpose and descriptive in terms of analytical nature and is in the category of post-event research. The statistical population in this research is all the companies listed in the Tehran Stock Exchange Organization. The method used is descriptive-analytical, which in order to adapt economic theories to the realities of society, causal relationships between variables are examined using statistics and after matching with theories, using inferential statistics. And the panel econometric method is tested in Eviews software to reject or prove the presented hypotheses. According to the model estimation results, all three research hypotheses were accepted. Key Words: Inflation; Currency; Interest rates; financial crisis; Oil revenues