The comparative effect of the global financial crisis and the corona crisis on the Iranian capital market

One of the obstacles affecting the financial decisions of managers is the occurrence of financial crises in the world, and in the current context of the corona virus crisis, it also affects the global economy, including the Iranian economy. The present study examines the comparative effect of the global financial crisis and the corona crisis on the Iranian capital market. This research is applied in terms of purpose and in terms of methodology of correlation is causal (post-event).The statistical population of the study on the Tehran Stock Exchange and were surveyed over a period of 14 years between 2007 and 2020. The method used to collect information was a library and the relevant data for measuring variables were collected from the site of the stock exchange and technology management of the stock exchange and preliminary calculations were performed in Excel software. Then, Eviews software version 12 was used to test the research hypotheses.The results of the study show that the global financial crisis has a negative impact on the Iranian stock market index. Corona virus outbreak crisis affects Iran's stock market index. The impact of the corona crisis on the stock market index is greater than the global financial crisis. These results were also confirmed by industry index. But for the OTC index, the impact of the financial crisis on the OTC index of Iran is not significant. But the crisis of Corona virus outbreak has a positive effect on Iran's OTC index.