Obaid Almotairy, Margarita Maria Lenk and Norman Schultz
The stock market in the Kingdom of Saudi Arabia is quickly developing and maturing. While the inefficiencies of this market have already been attributed to its mechanics (Abdeen…
Abstract
The stock market in the Kingdom of Saudi Arabia is quickly developing and maturing. While the inefficiencies of this market have already been attributed to its mechanics (Abdeen and Shook, 1984; Butler and Malaikah, 1992; Abdelkader, 1993), information concerning the market players has not been available. This research reports descriptive results of 74 interviews with Saudi investors. The results provide insight into the information that is used for investing decisions, support prior evidence of market inefficiency, and encourage more research in this area.