The determinants of Malaysian stock market development

Stock market allows investors to contribute funds to the companies for their operation and development. Thus, the development of stock market is very important for every country because a well-developed stock market provides an effective risk diversification, enhances information disclosure of the...

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Main Author:	Norsyuhada, Zaharuddin
Format:	Thesis
Language:	eng eng
Published:	2017
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/7448/1/s820781_01.pdf https://etd.uum.edu.my/7448/2/s820781_02.pdf
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id	my-uum-etd.7448
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Sabki, Sharmilawati
topic	HG Finance
spellingShingle	HG Finance Norsyuhada, Zaharuddin The determinants of Malaysian stock market development
description	Stock market allows investors to contribute funds to the companies for their operation and development. Thus, the development of stock market is very important for every country because a well-developed stock market provides an effective risk diversification, enhances information disclosure of the companies and increases the corporate governance practice. The objectives of this study are to determine the effect of bank development, economic growth, inflation and saving rate on stock market development in Malaysia for the duration of 13 years (2004 to 2016). The dependent variable is the stock market development meanwhile the independent variables are bank development, economic growth, inflation and saving rate. This study finds that economic growth and saving rate have significantly enhanced the stock market development in Malaysia. On the other hand, inflation has found to significantly reduce the stock market development. However, bank development shows an insignificant impact towards stock market development. Therefore, the findings indicate that, economic growth, inflation and saving rate have a major influence on the Malaysian stock market development. Thus, the policies and regulations targeted at improving those variables could have a significant impact in promoting the stock market development.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Norsyuhada, Zaharuddin
author_facet	Norsyuhada, Zaharuddin
author_sort	Norsyuhada, Zaharuddin
title	The determinants of Malaysian stock market development
title_short	The determinants of Malaysian stock market development
title_full	The determinants of Malaysian stock market development
title_fullStr	The determinants of Malaysian stock market development
title_full_unstemmed	The determinants of Malaysian stock market development
title_sort	determinants of malaysian stock market development
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
publishDate	2017
url	https://etd.uum.edu.my/7448/1/s820781_01.pdf https://etd.uum.edu.my/7448/2/s820781_02.pdf
_version_	1747828220485435392
spelling	my-uum-etd.74482021-05-10T08:07:09Z The determinants of Malaysian stock market development 2017 Norsyuhada, Zaharuddin Sabki, Sharmilawati School of Economics, Finance & Banking School of Economics, Finance and Banking HG Finance Stock market allows investors to contribute funds to the companies for their operation and development. Thus, the development of stock market is very important for every country because a well-developed stock market provides an effective risk diversification, enhances information disclosure of the companies and increases the corporate governance practice. The objectives of this study are to determine the effect of bank development, economic growth, inflation and saving rate on stock market development in Malaysia for the duration of 13 years (2004 to 2016). The dependent variable is the stock market development meanwhile the independent variables are bank development, economic growth, inflation and saving rate. This study finds that economic growth and saving rate have significantly enhanced the stock market development in Malaysia. On the other hand, inflation has found to significantly reduce the stock market development. However, bank development shows an insignificant impact towards stock market development. Therefore, the findings indicate that, economic growth, inflation and saving rate have a major influence on the Malaysian stock market development. Thus, the policies and regulations targeted at improving those variables could have a significant impact in promoting the stock market development. 2017 Thesis https://etd.uum.edu.my/7448/ https://etd.uum.edu.my/7448/1/s820781_01.pdf text eng public https://etd.uum.edu.my/7448/2/s820781_02.pdf text eng public other masters Universiti Utara Malaysia Abdul Rahman, R. (2006). Effective corporate governance. First Edition. University Publication Centre (UPENA), UiTM, Shah Alam. Agrawal. P. (2001). 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The determinants of Malaysian stock market development

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