Kuwait-University-Journal-of-Law-header
Search
Journal of Law

Previous Issues

Advance Search
Year : From To Vol
Issue Discipline:
Author

Volume :43 Issue : 164 2017      Add To Cart                                                                    Download

An Investigation into Decision Makers Awareness of Consequences of the Financial Crisis on Kuwaiti Stock Market.

Auther : Dr. Hesham I. ALMujamed - Dr. Faisal S. ALanezi - Dr. Mishari M. AL-Faraih - Dr. Abdullatif E. AL-Rukhyes

     The importance of this research comes from the perceptions of investors, decision-makers, and other stakeholders about the causes and effects of the consequences of the global financial crisis on the Kuwait Stock Exchange (KSE). Furthermore, it evaluates existing solutions and proposes alternative solutions. One hundred thirty-five questionnaires were returned, 42.2% of the study population.
     The study suggests that there are causes contributed to the consequences of the financial crisis and such causes may lead to the possibility of repeat crisis scenarios in the KSE. Among the main causes is the lack of commitment to the application of laws regarding supervision and full disclosure, investors' exaggeration on investment decisions and the absence of the concept of risk management. Further, the current research suggests that stakeholders and other parties did not benefit from lessons of the previous financial crises that have occurred in the State of Kuwait, particularly, the Almanakh crisis.
     The current research concludes that negative effects reflected on the KSE as a consequence of the financial crisis and decreased levels of confidence in the KSE and the ability of the national economy to recover. In addition, investors, companies, and banks experienced losses and many firms were delisted. Furthermore, social problems in society emerged, such as employee layoffs, which is what happened exactly during the period after the 1976 crisis and the Almanakh crisis. Finally, this study offers a number of other findings and recommendations for interested parties in this regard.
 

Journal of Law
Journal of Law

You are Visitor No.

75781

Journal of Law
Journal of Law
Tell your friendsJournal of Law
Journal of Law

Last Updated

May 18, 2017

Journal of Law
Journal of Law
Journal of Law

Please enter your email Here to receive our news

Journal of Law