EXPERTS' OPINIONS TOWARD PRICE STABILITY DURING THE STOCK MARKET CRISIS

Abstract

A new environment has evolved in the international stock markets, as expressed by the occurrence of market crises and high swings of stock prices. The stock prices are supposed to respond to real data under the market efficiency hypothesis. However, in some cases, price fluctuation is influenced by other conditions which may lead to a crisis. This paper discusses the issue based on the opinions of the stock market experts. The Amsterdam Stock Exchange (ASE) has been selected as a case for this research. The study indicates there is no significant difference among the perceptions of the three groups of ASE stock market experts concerning nine stated conditions which may lead to a stock market crisis, while significant differences exist among the ASE brokers, bankers and specialists concerning six stated elements that minimize the probability of evolving a stock market crises. There is a positive association among the groups of Amsterdam stock market experts about the total conditions that may lead to a stock market crisis, but there is no association concerning the total elements that minimize the probability of evolving a stock market crisis.

Citation

Rashid Sabri, N. (1995), "EXPERTS' OPINIONS TOWARD PRICE STABILITY DURING THE STOCK MARKET CRISIS", International Journal of Commerce and Management, Vol. 5 No. 1/2, pp. 130-146. https://doi.org/10.1108/eb047309