Public Awareness of Financial Market in Iraqi Kurdistan

Abstract

The research is descriptive in nature and have taken three objectives to measure the awareness about stock exchange operations are to find the solution for the problem as to find the variables affect the investor’s opinion to invest in ESX, to measure the level of participation of investors in ESX operations and to know the government and company’s contribution in the awareness creation in society, to encourage investors for the ESX investment. Thirteen variables taken for study and a sample of 171respondents belonging to Kurdistan. To check the acceptability for the variables T-Test is performed and further to know the variance in opinion of respondents One Way ANOVA is performed. The analysis is based on the output of SPSS 20 and outputs are presented in tables as research findings. The analysis further explains that the stock exchange must have assurance, so people can put their money in the market with safety, or to invest in developing sophisticated stock investment system ensure more transparency and data clarity needs to increase the publicity and advertisement of listing companies. All together it is observed that there is a long way to go for stock market operations in Kurdistan region but need to get a powerful startup with a very dedicated, investment awareness campaign. The best model of development for Erbil Stock Exchange is based on the active participation of stock exchange, government and companies inviting investors and creating confidence for secured investment.

Keywords: Investment, Stock, Erbil Stock Exchange, Awareness, Kurdistan, Public, Investor.