determinants of financial market development

... institutions on development of stock market, and the third examines the role of FDI inflows in stock market devel-opment Given the macroeconomic determi-nants of stock market development, most ... BON University of Economics HCMC – bonvnguyen@yahoo.com Stock market is a key channel to the mobilization of long-term capital in an economy, and determinants of stock market development in ... the litera-ture, the development of stock market is determined by many factors, and several empirical studies have investigated the macroeconomic determinants of stock market development in developing

Ngày tải lên: 04/02/2020, 00:58

... institutions on development of stock market, and the third examines the role of FDI inflows in stock market development Given the macroeconomic determinants of stock market development, most ... institutional determinants of stock market development in developing countries, using a panel of 36 countries for the period of 2003–2014 For another, it explores determinants of stock market development ... stock market development in Vietnam High levels of financial intermediary development relate significantly and negatively to Vietnam’s stock market development In Model 6, the effect of stock market

Ngày tải lên: 31/08/2020, 13:37

... marketcapitalizationwhilethesecondinvestigatestheeffectsofinstitutionsond evelopmentofstockmarket,andthethirdexaminestheroleofFDIinflowsinstock marketdevelopment. Giventhemacroeconomicdeterminantsofstockmarketdevelopment,mostinve ... esticcredit,andstockmarketliquidityarepositivedeterminantsofthedevelopmentofst ockmarket.Whiletheeffectofmoneysupplyisnegative,institutionalfactorssuchasgove rnmenteffectivenessandruleoflawhavesignificantlypositiveimpacts,incontrasttocor ... ingcountrieswithr e s p e c t totheeffectsofotherindicatorsofinstitutionalqu alityonstockmarketdevelopment.InModel1,wefindthattheimpactofcontrolofc orruptiononstockmarketdevelopmentinVietnamispositiveandsignificant,con

Ngày tải lên: 21/10/2022, 23:46

... methodology of financial statement quality, the determinants of financial statement quality Therefrom, the author has built and tested the model of the determinants of financial statement quality of listed ... the reality of the financial statement quality by the measuring earning quality of companies listed on the stock market of Vietnam at the moment? 2 What are the determinants of the financial statement ... introduction: Chapter I: Overview of research about the measurement of financial statement quality and determinants of financial statement quality of companies listed on the stock market Chapter II: Theoretical

Ngày tải lên: 17/01/2020, 21:17

... concentration ratios (market share of 3 or 5 of the largest institutions) • Financial market concentration ratios (market share of the largest financial instruments, as a percentage of total financial assets) ... led to development of new risk-transfer instruments in capital markets 2.1.2 Breadth of the Financial System Data on the financial breadth or penetration often serve as proxies for access of the ... segments of the financial sector Well-functioning financial systems should offer a wide range of financial services and products from a diversified set of finan-cial intermediaries and markets

Ngày tải lên: 17/12/2013, 05:15

... 1Committee on Payment and Settlement Systems Board of the International Organization of Securities Commissions Recovery and resolution of financial market infrastructures Consultative report July ... critical role in financial markets.2 1.2 FMIs play an essential role in the global financial system The disorderly failure of an FMI can lead to severe systemic disruptions if it causes markets to ... encompasses a broad range of different providers of infrastructure services to markets and market participants These services include the recording, clearing and settlement of payments, securities,

Ngày tải lên: 17/02/2014, 21:20

... the impact of financial ratios on the probability of failure ? - How is the relationship between the financial ratios and the financial distress state of companies? 1.3 Structure of the study ... Introduction of the study 1.1 Rationale of the study The concept of “stock market” in the modern economy is the location for the trading activities of medium and long – term securities The market ... DETERMINANTS OF FINANCIAL DISTRESS: A STUDY OF LISTED COMPANIES IN VIET NAM ECONOMICS MASTER THESIS Major: Business Administration Ho Chi Minh City - 2012 Trang 2 - TRẦN THỊ KIM PHƯỢNG DETERMINANTS

Ngày tải lên: 10/01/2018, 10:33

... soundness in general and the financial soundness of commercial banks in Vietnam in particular Therefore, the determinants of the financial soundness has become a topic of interest to many researchers ... changes of CAMELS rating between strong banks and weak ones The rest of the paper is structured as follows Section 2 provides a literature review on the determinants of the financial soundness of ... Ltd, 2019 Determinants of financial soundness of commercial banks: Evidence from Vietnam Van-Thep, Nguyen 1 and Day-Yang, Liu 2 Abstract This study aims to analyze the factors affecting financial

Ngày tải lên: 01/02/2020, 22:07

... 1Scienpress Ltd, 2016 Determinants of Financial and Temporal Endurance of Commercial Banks during the Late 2000s Recession: A Split-Population Duration Analysis of Bank Failures Xiaofei Li 1 and Cesar ... retroactive determinants of a bank’s probability of failure versus survival Duration (hazard) models were introduced as an alternative to the probit/logit technique in identifying the determinants of ... forces the strong assumption of the eventual failure of every single observation analyzed by the model Hence, the model is incapable of isolating specific determinants of bank failure from factors

Ngày tải lên: 01/02/2020, 22:31

... emphasis of financial inclusion varies across countries, depending on the level of social, economic and financial development of that place and priorities of social concerns Broadly, financial ... Overview of Financial Inclusion The term financial inclusion has taken on a multitude of meanings A review of literature reveals that there is no universally accepted definition of financial ... the first of its kind to examine the importance of the determinants of financial inclusion as advocated for by the Central Bank of Uganda JEL classification numbers: D14, G20 Keywords: Financial

Ngày tải lên: 01/02/2020, 23:03

... Table 4 Number of firms by types of ownership Types of firm’s ownership No of firms % of total No of firms % of total No of firms % of total No of firms % of total No of firms % of total Private ... export: The direction of trade and determinants of firms’ market penetration Vũ Thị Hạnh1 Abstract We investigate determinants of firms’ direction of trade by using panel data of Vietnam’s footwear ... other markets in the world Table 2 Footwear export value to country and country groups (2006-2010) Mil USD Country groups EV % of total EV % of total EV % of total EV % of total EV % of total

Ngày tải lên: 04/02/2020, 07:11

... — #7 Determinants of Financial Development geographic determinants of carbon market development in developing countries, mainly the Clean Development Mechanism (CDM) markets The structure of this ... investigate the fundamental determinants of the development of financial markets and carbon markets It starts with a general examination of the determinants of financial development in Chapter and ... MINDIST NIM OLS index of overall financial development index of extent of bank-based intermediation index of bond market development index of financial efficiency index of size of financial system /...

Ngày tải lên: 01/11/2014, 17:11

... growth in property markets has always been one of the important policy objectives of the government because of claims that such growth would have spillover effects on other sectors of the economy ... replacement/construction cost of property assets raise the profitability of building construction activities, according to Tobin’s q-ratio theory of investment Hence, developers and non -financial firms would ... of investment channel captures two types of impacts of property price changes on investment spending, namely the Tobin-q effect and the financial accelerator principle To test the existence of...

Ngày tải lên: 13/07/2014, 21:13

... Market Financial Markets (cont.)  Concept of financial markets : - What is the market? - What is the financial market? 07/18/14 Financial Market_ Chapter 1_Overview of Financial Market  “A market ... Instruments of Money Markets THỊ TRƯỜNG VỐN (Capital Markets) - Concept and the nature of capital markets; - Instruments of Capital Markets 07/18/14 Financial Market_ Chapter 1_Overview of Financial Market ... TÀI CHÍNH (Financial Markets) - Concept and the nature of financial markets; - Classification of financial markets; THỊ TRƯỜNG TIỀN TỆ (Money Markets) - Concept and the nature of money markets;...

Ngày tải lên: 18/07/2014, 13:16

... Econophysics and Agent-Based Modeling of Financial Market FENG LING (B.Sc.(Hons), National University of Singapore) A THESIS SUBMITTED FOR THE DEGREE OF DOCTOR OF PHILOSOPHY NUS GRADUATE SCHOOL FOR ... usually initiated by one of them - either the buyer or seller There are usually two types of traders in the market in terms of order placement - market takers who place market orders to buy/sell, ... empirical data 67 4.6 CDF of returns with different values of Vf 68 xii 4.7 CDF of returns with different values of n0 69 4.8 CDF of returns with different agent...

Ngày tải lên: 10/09/2015, 09:09

... Non-use Market Non -market Private Public Non -market Non -market Non -market Non -market Non -market Non -market Public Public Public Public Public Public Non -market Market/Non -market Market/Non -market Market/Non -market ... Direct use Direct use Direct use Direct use Direct use Direct use Market/ non -market Market Market Market Market Market Market Market Public/private Direct use Indirect use, Nonuse Indirect use ... Turpentine Study on the Development and Marketing of Non -Market Forest Products and Services Table 6.2: List of non -market forest goods and services Remark: The list of non -market forest goods and...

Ngày tải lên: 18/02/2014, 21:20

... the ILW market is roughly of the same order of magnitude as the CAT bond market Experts also comment that capital market participants provide the majority of risk capital in the ILW market, just ... probability of occurrence of 0.01 or less (i.e., a return period of at least 100 years) The higher layers of protection often go unreinsured by ceding companies for two primary reasons—for events of this ... evolution of the risk-linked securities market and an evaluation of the current state of the market The scope of the article is limited primarily to securitization of catastrophic property-casualty...

Ngày tải lên: 06/03/2014, 04:20

... effects of the years of schooling of the head of the household, the years of schooling of the money manager and the average schooling of the heads of the village households are estimated All of the ... savings % of banks which offer lending % of banks which offer savings and lending Median Years of Operation Median # of Members Median # of Loans % who received external funds for start-up % of Banks ... years of schooling of village heads of household Figures 2, and describe the relationship between the same bank policies and the years of schooling of the village bank’s money manager All of the...

Ngày tải lên: 06/03/2014, 10:20

... far as the development of financial scale is concerned, the ASEAN-5 financial systems were about ten times as large, with the total financial assets of 80% of GDP on average In Vietnam, financial ... available measure of efficiency is turnover, which gives the values of stock transactions relative to the size of the financial market (Gallego, Herrero, and Saurina 2002) Besides, financial development ... assets of 80% of GDP on average In Vietnam, financial depth has been a rather shallow with the underdeveloped financial market in comparison to those of ASEAN-5; and the bond and stock market...

Ngày tải lên: 14/03/2014, 17:20

... stability of domestic and international financial markets and the broader economy In contrast, robust FMIs have been shown to be an important source of strength in financial markets, giving market ... use, and assessments of observance of the principles and responsibilities 16 Organisation of the report 17 2.0 Overview of key risks in financial market infrastructures ... 23: Disclosure of rules, key procedures, and market data 121 Principle 24: Disclosure of market data by trade repositories 124 4.0 Responsibilities of central banks, market regulators,...

Ngày tải lên: 15/03/2014, 10:20