Proper Indicators of Capital Market Analysis, Based on the Financial Market Sociology Approach

Subject Areas : Journal of Investment Knowledge

laleh shabanibarzegar ¹ , Fraydoon Rahnamay Roodposhti ² , Meysam Mousaei ³

1 - Ph.D. student of financial management, Rasht Islamic Azad University
2 - Professor of IAU, Science and Research Branch
3 - Faculty member and professor at the University of Tehran, Tehran, Iran.

Received: 2018-12-08 Accepted : 2018-12-10 Published : 2020-08-22

Keywords: " Indicators of market analysis", "Capital Market", " Sociology of Capital Market",

Abstract :

A capital market is a sample of human society in which there are networks of traders. Because of traders, a sociological approach to capital market indicates that traders and capital market influence each other. Therefore, in our research we hope to discover a suitable index to analyze the capital market based on sociological approach. This research is a descriptive – survey model. The Statistical society is very large and complex. Therefore we have chosen 150 people who are working in the capital market as sample of our society and we have sent questionnaires for them. The result of the data ran in SPSS software in two different ways. The first way was through descriptive statistics and the second way was inferential statistics. Then, we used SMART PLS software for modeling the structural equation. Experimental results show that financial knowledge, risk perception, feelings about market indexes, value of money and objectivity are the suitable indexes for the analysis of the capital market based on sociological approach.

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Proper Indicators of Capital Market Analysis, Based on the Financial Market Sociology Approach