The Study of the Effect of Commercial and Financial Crises on Decision-Making of Shareholders in Tehran Stock Exchange

Abstract

The aim of the present study is to explore the effect of commercial and financial crises on decision making of shareholders in Tehran Stock Exchange that for this purpose of the 139 of the shareholders in Tehran Stock Exchange have been selected with the use of simple random sampling method and have responded to research questionnaires. Content validity of this questionnaire has been confirmed by three of the experts in this field and its reliability also has been confirmed with the help of Cronbach's alpha test. In the end, the data obtained from research questionnaires have been analyzed with the help of structural equations test and results indicate that commercial and financial crises have a significant effect (p<0.05) on Tehran Stock Exchange.