Relationship between Singapore stock market and its economic growth / Eliza Shafiqa Ishak

This study examines the relationship between Singapore stock market and its economic growth. The dependent variable of this study is Gross Domestic Product (GDP) and independent variables are market capitalization derived as a percentage of GDP is used as a proxy for stock market size, whereas stock...

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Main Author:	Ishak, Eliza Shafiqa
Format:	Thesis
Language:	English
Published:	2017
Subjects:	Economic development Development economics Economic growth
Online Access:	https://ir.uitm.edu.my/id/eprint/95234/1/95234.pdf
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id	my-uitm-ir.95234
record_format	uketd_dc
spelling	my-uitm-ir.952342024-05-30T15:12:35Z Relationship between Singapore stock market and its economic growth / Eliza Shafiqa Ishak 2017-12 Ishak, Eliza Shafiqa Economic development. Development economics. Economic growth This study examines the relationship between Singapore stock market and its economic growth. The dependent variable of this study is Gross Domestic Product (GDP) and independent variables are market capitalization derived as a percentage of GDP is used as a proxy for stock market size, whereas stock market liquidity is the stock traded, turnover ratio value share derived as a percentage of GDP. To measure the financial intermediary development, domestic credit to the private sector divided by GDP will be used because this variable measures the role of banks in provision of longer-term financing to private corporations. Foreign direct investment will be used because FDI is increasingly being recognized as a major source of economic development. Lastly, Singapore Straits Times Index will be used as indicator for Singapore stock market performance. The data consist of 30 observations annually from 1987 until 2016. This study used quantitative secondary data that is time-series data and multiple regression models represented by the ordinary least squares (OLS) to examine the relationship between Singapore stock market and its economic growth. The results from this study reveal that stock market size, stock market liquidity and financial intermediary have significant relationship with economy growth whereas foreign direct investment and Singapore Straits Times Index do not have significant relationship with economic growth in Singapore. 2017-12 Thesis https://ir.uitm.edu.my/id/eprint/95234/ https://ir.uitm.edu.my/id/eprint/95234/1/95234.pdf text en public degree Universiti Teknologi MARA, Johor Bachelor of Business Administration (HONS) Finance Rahim, Kamal Fahrulrazy Mohd Yusoff, Yuslizawati
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Rahim, Kamal Fahrulrazy Mohd Yusoff, Yuslizawati
topic	Economic development Development economics Economic growth
spellingShingle	Economic development Development economics Economic growth Ishak, Eliza Shafiqa Relationship between Singapore stock market and its economic growth / Eliza Shafiqa Ishak
description	This study examines the relationship between Singapore stock market and its economic growth. The dependent variable of this study is Gross Domestic Product (GDP) and independent variables are market capitalization derived as a percentage of GDP is used as a proxy for stock market size, whereas stock market liquidity is the stock traded, turnover ratio value share derived as a percentage of GDP. To measure the financial intermediary development, domestic credit to the private sector divided by GDP will be used because this variable measures the role of banks in provision of longer-term financing to private corporations. Foreign direct investment will be used because FDI is increasingly being recognized as a major source of economic development. Lastly, Singapore Straits Times Index will be used as indicator for Singapore stock market performance. The data consist of 30 observations annually from 1987 until 2016. This study used quantitative secondary data that is time-series data and multiple regression models represented by the ordinary least squares (OLS) to examine the relationship between Singapore stock market and its economic growth. The results from this study reveal that stock market size, stock market liquidity and financial intermediary have significant relationship with economy growth whereas foreign direct investment and Singapore Straits Times Index do not have significant relationship with economic growth in Singapore.
format	Thesis
qualification_level	Bachelor degree
author	Ishak, Eliza Shafiqa
author_facet	Ishak, Eliza Shafiqa
author_sort	Ishak, Eliza Shafiqa
title	Relationship between Singapore stock market and its economic growth / Eliza Shafiqa Ishak
title_short	Relationship between Singapore stock market and its economic growth / Eliza Shafiqa Ishak
title_full	Relationship between Singapore stock market and its economic growth / Eliza Shafiqa Ishak
title_fullStr	Relationship between Singapore stock market and its economic growth / Eliza Shafiqa Ishak
title_full_unstemmed	Relationship between Singapore stock market and its economic growth / Eliza Shafiqa Ishak
title_sort	relationship between singapore stock market and its economic growth / eliza shafiqa ishak
granting_institution	Universiti Teknologi MARA, Johor
granting_department	Bachelor of Business Administration (HONS) Finance
publishDate	2017
url	https://ir.uitm.edu.my/id/eprint/95234/1/95234.pdf
_version_	1804889951944310784

Relationship between Singapore stock market and its economic growth / Eliza Shafiqa Ishak

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