Does firm-level equity return respond to domestic and international monetary policy shocks? a panel data study of Malaysia.

• Main Authors: Zulkefly Abdul Karim,, Mohd.Azlan Shah Zaidi,, Bakri Abdul Karim,
• Format: Article
• Published: Penerbit Universiti Kebangsaan Malaysia 2011
• Online Access: http://journalarticle.ukm.my/4736/; http://www.ukm.my/penerbit/jem.htm

This paper examines the effect of domestic and international monetary policy shocks upon malaysian firm level equiry returns in a dynamic panel data framework. The determinant of firm-level equiry return has been estimed using augmented Fama and French (1992,1996)multifactor model. The results of th...