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The Role of Information Technology on Stock Market Development

Author

Listed:
  • Fatemeh Faghani

    (University of Isfahan)

  • Solmaz Habibi

    (University of Isfahan)

  • Seyed Mehdi Tabatabaee

    (University of Isfahan)

  • Leila Razavi

    (University of Isfahan)

  • Mohammad Kazem Emadzadeh

    (University of Isfahan)

Abstract

The purpose of this paper is improvement of technology concepts, understanding, traditional and electronic stock trading. This paper illustrates the role of information technology on capital market development. Appropriate applying of IT will be stake for developing electronic trading processes. No doubt, the cultural, understanding IT concepts and applying of this will increase stock market efficiency. In this paper have been tried to examine the role of IT on stock market development with review of research literature and prior researches. In the end of article, after explain of prior researchers findings have been presented the solutions for IT development in stock market.

Suggested Citation

  • Fatemeh Faghani & Solmaz Habibi & Seyed Mehdi Tabatabaee & Leila Razavi & Mohammad Kazem Emadzadeh, 2013. "The Role of Information Technology on Stock Market Development," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(1), pages 353-358, January.
    • Handle: RePEc:hur:ijaraf:v:3:y:2013:i:1:p:353-358
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    References listed on IDEAS

    as
    1. Kummerow, Max & Chan Lun, Joëlle, 0. "Information and communication technology in the real estate industry: productivity, industry structure and market efficiency," Telecommunications Policy, Elsevier, vol. 29(2-3), pages 173-190, March.
    2. Ross Levine, 1997. "Financial Development and Economic Growth: Views and Agenda," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 688-726, June.
    3. Boyan Jovanovic & Jeremy Greenwood, 1999. "The Information-Technology Revolution and the Stock Market," American Economic Review, American Economic Association, vol. 89(2), pages 116-122, May.
    4. Bart Hobijn & Boyan Jovanovic, 2000. "The information technology revolution and the stock market: preliminary evidence," Proceedings, Federal Reserve Bank of San Francisco, issue Apr.
    5. Singh, Ajit & Singh, Alaka & Wiesse, Bruce, 2000. "Information technology, venture capital and the stock market," MPRA Paper 53718, University Library of Munich, Germany.
    6. Bart Hobijn & Boyan Jovanovic, 2001. "The Information-Technology Revolution and the Stock Market: Evidence," American Economic Review, American Economic Association, vol. 91(5), pages 1203-1220, December.
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