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Volume :2 Issue : 2 1995      Add To Cart                                                                    Download

The Effect of Gulf Crisis on the Behavior of the Saudi Investor: An Empirical Study in Riyadh Area

Auther : Elsayed A. Elballat
Elsayed Metwally Hassan

The main objective of this research is to empirically investigate the effects, if any, of the 1990-91 Gulf crises on attitudes and behavior of Saudi individual investors. A sample of more than 700 investors residing in Riyadh area whose investment amounted to one hundred thousand Saudi Riyals or more was drawn in the summer of 1992. Using appropriate statistical techniques for data analysis and hypothesis testing, results indicated that several behavioral and attitudinal aspects of Saudi investors were significantly affected by the aforementioned strategic decisions. Based on the result of the research, certain recommendations, both on micro and macro level, are suggested.

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