Is Bucharest Stock Exchange under the Influence of the Five Traded Financial Investment Companies?

Autor:	Cornelia Pop, Calin Vamos, Maria Craciun
Jazyk:	angličtina
Rok vydání:	2010
Předmět:	capital market financial investment companies Granger-causality regression Social Sciences Economics as a science HB71-74
Zdroj:	Ekonomski Vjesnik, Vol XXIII, Iss 2 (2010)
Druh dokumentu:	article
ISSN:	0353-359X 1847-2206
Popis:	The present paper will try to determine if Bucharest Stock Exchange activity is under the influence of the five traded Financial Investment Companies (called also ‘Societati de Investitii Financiare’ or SIFs). The Financial Investment Companies were introduced at Bucharest Stock Exchange listing in November 1999 and since November 2000 they have a dedicated index, BET-Fi. The direct observations made over the listing period of above mentioned companies suggested the idea that the transactions in Financial Investment Companies might have an important impact on Romanian capital market activity. Inside the current paper, authors will analyze different series of data using regression analysis and Granger-causality tests in order to confirm or reject the hypothesis formulated in the title.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/8c4ade1f1438412d9220e0eb02b3ba18 Zobrazit plný text záznamu View record in DOAJ