Stock market liberalization : effects on stock market development in the emerging Islamic countries
المؤلف
المصدر
International Journal of Islamic Economics and Finance Studies
العدد
المجلد 6، العدد 1 (31 مارس/آذار 2020)، ص ص. 30-56، 27ص.
الناشر
Centre of Political Economical and Social Research
تاريخ النشر
2020-03-31
دولة النشر
تركيا
عدد الصفحات
27
التخصصات الرئيسية
الملخص EN
It is more or less agreed that even though the rising trend has occurred in the stock markets of emerging countries during 1990s, those in the emerging Islamic countries (EIC), with the common characteristics of small size, less liquidity, less efficiency, high cost of capital and volatility, have not been able to perform at the same pace.
The proponents of stock market liberalization (SML) prescribes liberalization as a full-fledged solution to the problems of the EIC, whereas the limited number of studies illustrate mixed results.
Against this backdrop, this study makes the initial attempt to examine the effects of SML on the development of stock markets in the EIC.
Relying on panel data techniques on a sample of 7 EIC over the years 1989 to 2008, the results tend to demonstrate that SML significantly increases stock market size and liquidity, hence contributing to the development of stock markets in the EIC.
With these results, the study produces policy implications suggesting that SML has been beneficial to the stock markets and further liberalization policies should be implemented to deepen and broaden the stock markets in the EIC.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Ilhan, Bilal. 2020. Stock market liberalization : effects on stock market development in the emerging Islamic countries. International Journal of Islamic Economics and Finance Studies،Vol. 6, no. 1, pp.30-56.
https://search.emarefa.net/detail/BIM-975647
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Ilhan, Bilal. Stock market liberalization : effects on stock market development in the emerging Islamic countries. International Journal of Islamic Economics and Finance Studies Vol. 6, no. 1 (Mar. 2020), pp.30-56.
https://search.emarefa.net/detail/BIM-975647
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Ilhan, Bilal. Stock market liberalization : effects on stock market development in the emerging Islamic countries. International Journal of Islamic Economics and Finance Studies. 2020. Vol. 6, no. 1, pp.30-56.
https://search.emarefa.net/detail/BIM-975647
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes margin notes.
رقم السجل
BIM-975647
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر