African Stock Market Development
The Macroeconomic Determinants of Stock Market Development from an African Perspective
... DOI: 10.4236/tel.2017.77132 1956 Theoretical Economics Letters allows for unobserved individual heterogeneity. If only a panel data framework is used, there is a risk of loss of dynamic information as stock ...
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Fiscal Policy and Stock Market Development in an Emerging West African Economy
... and development of any country, especially emerging economies. Stock markets are one of the relevant constituents of the financial system, which help firms or companies to raise capital by issuing their ...
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Sunshine Trading in an African Stock Market
... in African stock markets. If they were to participate in this market (and thus provide liquidity), these global portfolio managers would have to learn about the macroeconomic conditions prevailing in ...
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Democracy and Stock Market Performance in African Countries
... The political mechanism is founded on two standpoints. Firstly, legal traditions differ in the emphasis they attribute to protecting the rights of private investors relative to those of the state. Secondly, private ...
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Location Advantages, Governance Quality, Stock Market Development and Firm Characteristics as Antecedents of African M&As
... Next, the OLI framework suggests that resource endowments (such as the presence of natural resources) might explain why fi rms choose to invest in some foreign countries (Dunning, 1980). Here, fi rms seek to acquire ...
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Effects of financial liberalization on stock market development, FDI inflows and TFP in selected African countries
... Sub-Saharan African (SSA) countries show mix ...on stock market development, foreign direct investment (FDI), and total factor productivity (TFP) for seven selected SSA countries for the ...
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Causality tests between stock market development and economic growth in West African Monetary Union
... Keywords: stock market development; economic growth; Toda and Yamamoto causality test; West African Monetary Union Rezumat Această lucrare analizează relaţia de cauzalitate între dezvoltarea ...
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Location Advantages, Governance Quality, Stock Market Development and Firm Characteristics as Antecedents of African M&As
... the market mechanism – the market for lemons – has been discussed in prior research (Akerlof, ...of African targets given the substantial disparity in the market value of listed companies in ...
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Stock Market Development and Economic Performance of West-African Countries: A Dynamic Panel Data Analysis
... West African economies with weak stock markets regulatory framework and high macroeconomic volatilities, informational and disclosure deficiencies reduces the efficiency and stock market ...
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Impediments to the development of stock markets in the Southern African development community
... the stock market, more so that production activities in SADC countries are likely to be driven largely by internal ...global market, which requires productive efficiency to ensure product quality and ...
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African Development Islamic Capital Market
... of stock exchange activity in the ...of stock market activity in the region. • As of Dec 2009 African stock market capitalization accounted for a meager ...
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Stock Market Integration in Africa: The Case of the Johannesburg Stock Exchange and Selected African Countries
... evidenced, African stock markets are still illiquid, lack economies of scale and are ...the African giants and perform considerably well compared to the world and regional stock ...in ...
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The Determinants of Stock Market Development: The Case for the Nairobi Stock Exchange
... The stock market has become an essential market playing a vital role in economic prosperity thus fostering capital formation and sustaining economic ...growth. Stock markets are more than a ...
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An Empirical Analysis of Stock Market Integration in selected African Countries
... investigates stock market linkages in ten African stock exchanges by adopting the cointegration techniques of Johansen (1988, 1991) maximum likelihood ...in African stock ...
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Government quality determinants of stock market performance in African countries
... international market integration and diversification, poor governance impact on SMP could become ...a market with higher risk and lower returns are still held by risk-averse investors due to the portfolio ...
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African Stock Market Performance Dynamics: A Multidimensional Convergence Assessment
... African Stock Market Performance Dynamics: A Multidimensional Convergence Assessment Abstract This paper dissects with great acuteness, the issues of convergence in financial performance dynamics in ...
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African Stock Market Performance Dynamics: A Multidimensional Convergence Assessment
... the African continent through the lenses of stock market capitalization, value traded, turnover and number of listed ...favor stock market ...
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African Stock Market Performance Dynamics: A Multidimensional Convergence Assessment
... the African continent through the lenses of stock market capitalization, value traded, turnover and number of listed ...favor stock market ...
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Government Quality Determinants of Stock Market Performance in African Countries
... Many African countries especially those in French speaking sub-Saharan Africa have stock markets that are taking too long to ...to stock market development depends significantly on ...
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Interest Rate Liberalization, Quality institutions and Stock Market Development in Selected Sub-Saharan African Countries
... Estimates results of individual countries investigation reveal that six out of the seven countries under investigation have the expected results for the adjustment mechanism. South Africa is the only country among the ...
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