An analysis of financial stock market on economic growth in ASEAN-5 countries / Nur Shahirah Shazsa Zahrin

The aim of this research is to identify the effect of financial stock market on economic growth. This research represents the economic growth as dependent variables and Stock Market Capitalization (SMC), Stock Turnover Ratio (STO) and Stock Traded Value (STV) as independent variables. This study use...

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Bibliographic Details
Main Author: Zahrin, Nur Syahirah Shazsa
Format: Thesis
Language:English
Published: 2022
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/96056/1/96056.pdf
https://ir.uitm.edu.my/id/eprint/96056/
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Summary:The aim of this research is to identify the effect of financial stock market on economic growth. This research represents the economic growth as dependent variables and Stock Market Capitalization (SMC), Stock Turnover Ratio (STO) and Stock Traded Value (STV) as independent variables. This study uses the secondary data of five ASEAN countries, which consists of Indonesia, Singapore, Malaysia, Philippines, and Thailand from the period of 2011 to 2020. Therefore, panel data is used to analyze the data, which is then processed by E-Views version 12. Hence, methodologies such as descriptive analysis, normality test, correlation test, and regression analysis are employed to determine the significance and relationship. The overall result of this research shows that there is significance and relationship in all of the independent variables, which are, Stock Market Capitalization, Stock Turnover Ratio and Stock Traded Value towards the economic growth.