Download Tag: THE IMPACT OF CAPITAL MARKET INSTABILITY

ABSTRACT The study empirically examined the impact of capital market on industrial development of  Nigeria  using  a time  series  data  covering  a period  of 16years  (2000-2015).  The industrial sector was proxied by Real gross domestic product of  the industrial sector, industrial loan and average capacity utilization rate of the manufacturing sector. Capital market variables considered include annual market capitalization of the industrial sector and value of traded securities of the ...

  CHAPTER ONE INTRODUCTION Background of the study In every developing and developed economy, the capital market has been identified as an institution that drives growth and development.  The capital market is a conduit for the demand and supply of debt and equity capital then channel funds to firms with relatively high and increasing productivity thus, enhancing economic expansion (Donwa, 2010). Capital market provides a means through which a nation ...