Recent Evidence on Investors’ Behavior in the Tehran Stock Exchange: Preliminary Evidence and Future Insights
In this study, provided preliminary evidence on a comprehensive program of study focusing on investors’ behavior in the Tehran Stock Exchange (TSE) in 2014. Using a survey-based methodology, 561 investors from the TSE representing individual investors, mutual fund experts, funding institutions exper...
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doaj-f10640d09b0b4bc5b122b90e9e9196e92020-11-25T01:41:56ZfasUniversity of Tehranتحقیقات مالی1024-81532423-53772016-05-011819512510.22059/jfr.2016.5962259622Recent Evidence on Investors’ Behavior in the Tehran Stock Exchange: Preliminary Evidence and Future InsightsAbol Jalilvand0Mojtaba Rostami Noroozabad1Saman Rahmani2Professor of Finance and Ralph Marotta Chair in Free Enterprise, Quinlan School of Business, Loyola University Chicago, Chicago, USA.Islamic Azad University North Tehran Branchدانشجوی دکترای مدیریت مالیIn this study, provided preliminary evidence on a comprehensive program of study focusing on investors’ behavior in the Tehran Stock Exchange (TSE) in 2014. Using a survey-based methodology, 561 investors from the TSE representing individual investors, mutual fund experts, funding institutions experts, institutional investors, and stock brokers have been randomly selected to respond to a set of behavioral and economic questions recommended by the previous research in the field of behavioral finance. Factor loading from the collected data reveal that both behavioral and economic variables appear to influence investors’ decisions in the TSE. In the further to be shared new theoretical and econometric insights that is currently being amended preliminary evidence including dis-aggregating the sample by investors’ type (individual vs. institutional investors) as well as using structural equation modeling to test the statistical significance of the proposed variables and their differences across samples.https://jfr.ut.ac.ir/article_59622_4419c9f90295dac9356a7d8c2af3b66e.pdfstock exchangeinvestmentbehavioral factorsrational factors |
collection |
DOAJ |
language |
fas |
format |
Article |
sources |
DOAJ |
author |
Abol Jalilvand Mojtaba Rostami Noroozabad Saman Rahmani |
spellingShingle |
Abol Jalilvand Mojtaba Rostami Noroozabad Saman Rahmani Recent Evidence on Investors’ Behavior in the Tehran Stock Exchange: Preliminary Evidence and Future Insights تحقیقات مالی stock exchange investment behavioral factors rational factors |
author_facet |
Abol Jalilvand Mojtaba Rostami Noroozabad Saman Rahmani |
author_sort |
Abol Jalilvand |
title |
Recent Evidence on Investors’ Behavior in the Tehran Stock Exchange: Preliminary Evidence and Future Insights |
title_short |
Recent Evidence on Investors’ Behavior in the Tehran Stock Exchange: Preliminary Evidence and Future Insights |
title_full |
Recent Evidence on Investors’ Behavior in the Tehran Stock Exchange: Preliminary Evidence and Future Insights |
title_fullStr |
Recent Evidence on Investors’ Behavior in the Tehran Stock Exchange: Preliminary Evidence and Future Insights |
title_full_unstemmed |
Recent Evidence on Investors’ Behavior in the Tehran Stock Exchange: Preliminary Evidence and Future Insights |
title_sort |
recent evidence on investors’ behavior in the tehran stock exchange: preliminary evidence and future insights |
publisher |
University of Tehran |
series |
تحقیقات مالی |
issn |
1024-8153 2423-5377 |
publishDate |
2016-05-01 |
description |
In this study, provided preliminary evidence on a comprehensive program of study focusing on investors’ behavior in the Tehran Stock Exchange (TSE) in 2014. Using a survey-based methodology, 561 investors from the TSE representing individual investors, mutual fund experts, funding institutions experts, institutional investors, and stock brokers have been randomly selected to respond to a set of behavioral and economic questions recommended by the previous research in the field of behavioral finance. Factor loading from the collected data reveal that both behavioral and economic variables appear to influence investors’ decisions in the TSE. In the further to be shared new theoretical and econometric insights that is currently being amended preliminary evidence including dis-aggregating the sample by investors’ type (individual vs. institutional investors) as well as using structural equation modeling to test the statistical significance of the proposed variables and their differences across samples. |
topic |
stock exchange investment behavioral factors rational factors |
url |
https://jfr.ut.ac.ir/article_59622_4419c9f90295dac9356a7d8c2af3b66e.pdf |
work_keys_str_mv |
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