Date of Award


Document Type

Independent Study

Degree Name

Master of Business Administration (MBA)


This study examines the situation surrounding the stock market crash of 1987. The research was conducted in current literature and government reports. The goal of the study is to provide a background on the operations of the stock markets, examine factors leading to and contributing to the crash of 1987, and compare the crash of 1987 to the crash of 1929 in order to provide possible insight to weaknesses in the market system.

The conclusions support specific recommendations that are designed to correct market inefficiencies. These recommendations include increasing margin requirements on index futures, monitoring the performance of specialists, and giving the same precedence to all market orders, regardless of size.

Included in

Business Commons