Investigating the framework of stock trading movements considering the relationship between individual and group action

Subject Areas : Financial Knowledge of Securities Analysis

Saeideh Nosratabadi ¹ , Zadollah Fathi ² , Abbas Shoul ³

1 - Ph.D. Student of Accounting, School of Accounting, Islamic Azad University, Sirjan, Iran.
2 - Assistant Professor, School of Commercial Management, Tehran Central Branch, Islamic Azad University, Tehran, Iran
3 - ,Assistant Professor, School of Industrial Management, Vali-e-Asr University, Rafsanjan, Iran

Received: 2021-05-04 Accepted : 2021-05-04 Published : 2021-02-19

Keywords: relationship framework, individual acts, group acts, stock trading behaviors, Tehran Stock Exchange,

Abstract :

This paper studies the relationship framework between individual and group acts of stock trading activities in Tehran stock exchange which leads to the development of a cohesive relationship model for individual and group acts of stock trading behaviors. It has a quantitative–qualitative hybrid approach in which the model is designed by using Delphi technique at first stage, and it is tested and assessed by using structural equation modeling method at second stage. The model shows that areas of financial capability, financial capacity, word-of-mouth communication, mass media, financial consultation, stock trading behaviors, and personality are considered as causal conditions of relationship framework of individual and group acts which affect that process positively and meaningfully.

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