Examining the effective and determining factors on shareholders' behavior,evidence from Tehran Stock Exchange using PLS-SEM model

The purpose of the current research is to investigate the effective and determining factors onthe behavior of shareholders, evidence from the Tehran Stock Exchange. The current researchis a developmental application in terms of its purpose, and a descriptive survey in terms ofcollecting data and information. The assumptions of the research are: exchange rate stability,inflation expectations, price bubble, economic policies. The statistical population of theresearch includes ۱۶۰ investors of the Tehran stock market, whose opinions about the researchvariables were collected in the form of a questionnaire. In the current research, the reliability ofthe questionnaire is examined and analyzed using Cronbach's alpha coefficient. The analysisand analysis of data in the software has been done in order to test the hypotheses of the researchby using linear regression in the SPSS software. Also, by using the PLS-SEM econometricmodel, we investigate the relationships between the variables and show their influence on eachother, and finally, we analyze the results. The results of the current research, according to theestimation and review of the above models, indicate the confirmation of the assumptions of thecurrent research; In this sense, the research assumptions have a positive and direct impact onthe rational behavior of traders.

Keywords:

Capital market , capital market traders , Cronbach's statistical coefficient , investors