A STUDY OF MENTAL ACCOUNTING IN SANCTION CONDITIONS IN IRAN

Authors

  • Mahmoud Mousavi Shirii Department of Management, Economics and Accounting, Payame Noor University, I.R. of Iran Author
  • Mahdi Salehi Ferdowsi University of Mashhad Author
  • Saideh Rezahee Islamic Azad University, Mashhad Author
  • Hasan Ensan Islamic Azad University, Mashhad Author

DOI:

https://doi.org/10.7251/ZREFIS1307081S

Keywords:

Mental Accounting, Share (Stock) Price, Sanctions, Tehran Stock Exchange

Abstract

Share price is one of the most important data used in economic analysis by decision makers. By comparing the share price of 141 companies before the recent imposed sanctions on Iran (in February 2012) with the share price of the very companies after imposing sanctions (in March 2012), this study aims at finding whether the sanctions have affected the investors’ behavior in buying, selling and their investments or not. For testing the hypothesis, numerical analysis method has been applied; the findings of the study show an increase in total share price index after the sanctions. Consequently, it has been concluded that the sanctions had no significant effect on Iran’s stock market.

References

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ZREFIS Issue 7 (2013) cover

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Published

2013-06-15

Issue

No. 7 (2013): ZREFIS

Section

Preliminary Communication

License

Copyright (c) 2013 Zbornik radova Ekonomskog fakulteta u Istočnom Sarajevu

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to Cite

A STUDY OF MENTAL ACCOUNTING IN SANCTION CONDITIONS IN IRAN. (2013). Zbornik Radova Ekonomskog Fakulteta U Istočnom Sarajevu, 7, 81-90. https://doi.org/10.7251/ZREFIS1307081S