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:: year 14, Issue 54 (2022) ::
fa 2022, 14(54): 16-36 Back to browse issues page
Investigating the impact of the growth trend of corona disease, digital currencies, and the fluctuation of stock prices on the price bubble of stocks admitted to the Tehran Stock Exchange.
Faramarz Mazaheri Sichani1 , Hamidreza Jafari Dehkordi * 1, Bahareh Banitalebi Dehkordi1 , Saeed Daei-karimzadeh2
1- Department of Accounting, Shahrekord Branch, Islamic Azad University, Shahrekord, Iran.
2- Department of Economics , Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran.
Abstract:   (2961 Views)
Abstract
In general, the abnormal fluctuation of stock prices causes many problems in the stock market. The results of various domestic and foreign studies show that in the stock market, the real price of stocks deviates from the market prices due to different reasons. This difference is the result of group behaviors that increases based on a series of incorrect data as well as internal and external factors, and as a result, it causes disruptions in the stock market, followed by the bursting of the bubble and the fall of the stock market, which in addition leads to Economic crises, financial helplessness, and imbalance in the supply and demand mechanism of stocks, which will result in the withdrawal of funds and investors from the stock market. Therefore, the managers of the stock exchange organization and also at the macro level, the economic helmsmen of the country have always been struggling with this crisis. Therefore, the main purpose of this research is to investigate the impact of the growth trend of corona disease and digital currencies and the fluctuation of stock prices on the price bubble of stocks accepted in the Tehran Stock Exchange. The statistical population of this research is the companies accepted in the Tehran Stock Exchange and its statistical sample includes the data of 100 companies for the 10-year period of 2019-2020. The sampling method was systematic elimination method. The method used to estimate the pattern is the multivariate regression method using the combined data method and generalized moments regression models (GMM). The results showed that the growth trend of the corona disease and the fluctuation of stock prices have a positive effect on the stock price bubble of Tehran Stock Exchange. Also, the results showed that the growth of digital currencies has a negative effect on the price bubble of Tehran Stock Exchange.
 
Article number: 2
Keywords: The stock price bubble, the growth of digital currencies, the growth trend of the Corona disease, the fluctuation of stock prices.
Full-Text [PDF 730 kb]   (111 Downloads)    
Type of Study: Research | Subject: Special
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Mazaheri Sichani F, Jafari Dehkordi H, Banitalebi Dehkordi B, Daei-karimzadeh S. Investigating the impact of the growth trend of corona disease, digital currencies, and the fluctuation of stock prices on the price bubble of stocks admitted to the Tehran Stock Exchange.. fa 2022; 14 (54) : 2
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year 14, Issue 54 (2022) Back to browse issues page
فصلنامه حسابداری مالی Quarterly Financial Accounting
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