Download Tag: STOCK MARKET DEVELOPMENT

ABSTRACT This study was motivated by the growing concern on the impact of Institutional Quality on economic outcomes. The study focused specifically on the Nigerian Stock Market due to its critical role in the economy as a vehicle for efficient resource allocation. The Autoregressive Distributed Lag (ARDL) bounds testing procedure is employed using data from 1985 to 2012. The study used the ARDL model to ascertain the long-run impact of ...

CHAPTER ONE INTRODUCTION 1.1             BACKGROUND TO THE STUDY  The mobilization of resources for national development has long been the crucial focus of development economists.  This is because, for sustainable growth and development to take place, funds must be effectively mobilized and allocated to enable business and the economy harnesses their human, material and managerial resources for optimal output.  It is against this background that every country has a financial system which ...

ABSTRACT This work examines the relationship between financial development and industrial growth in Nigeria. It focuses on the impact of stock market and bank deepening variables such as market capitalization, value traded, turnover ratio referred to as Stock Market Development SMD in the study as well as Bank Credit to Private Sector (BCP) to capture bank deepening has on industrial growth of Nigeria. Stock market provides the avenue through which long term ...