Religion and cultural dimensions of trust in the emerging financial market in Libya

Abdussalam, Zainab and Ryan, Bob (2011) Religion and cultural dimensions of trust in the emerging financial market in Libya. International Journal of Behavioural Accounting and Finance, 2 (3/4). p. 208. ISSN 1753-1969

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Abstract

A number of different factors affect stock market development in emerging markets. This paper addresses the role of culture and religion in the development of the Libyan stock market. In particular we examine the role of trust in the efficient operation of an emerging market and the importance of culture, religion and other variables in enhancing trust between market agents. The findings of this study are that both culture and religion have an important role in Libyan stock market development. Both culture and religion are dimensions that may lead to the enhancement of trust, which itself then may lead to successful financial market development in Libya.

Item Type: Article
Article Type: Article
Uncontrolled Keywords: Stock market development, Libya
Subjects: H Social Sciences > HG Finance
H Social Sciences > HG Finance > HG4501 Investment, capital formation, speculation
Divisions: Schools and Research Institutes > Business School > Accounting and Finance
Research Priority Areas: Applied Business Research
Depositing User: Susan Turner
Date Deposited: 20 Apr 2015 11:57
Last Modified: 22 Oct 2015 15:46
URI: http://eprints.glos.ac.uk/id/eprint/2100

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