Pregledni rad

https://doi.org/10.22598/pi-be/2017.11.2.59

IMPACT INDICATORS FOR STOCK MARKETS RETURN

Alina Kvietkauskienė orcid.org/0000-0002-4801-428X ; Faculty of Business Management, Vilnius Gediminas Technical University, Vilnius, Lithuania
Modestas Plakys ; Nordea Bank AB, Vilnius, Lithuania

Sažetak

The paper examines the influence of impact indicators on stock market returns. The authors analyse various theoretical and empirical studies in order to form a set of impact criteria for stock market selection. Th e different examinations aimed to identify the co-integrating relationship between stock market return and such impact indicators as money supply, exchange rate, short and long-term interest rates and others. It is often observed that stock prices tend to fluctuate with economic indicators that have positive and negative effects on stock market returns. A detailed analysis of the selected topic has shown that there is no unified or general method for the selection of the mentioned criteria;
therefore, the authors propose a set of criteria that should be used for stock market selection in order to generate sustainable market return in the long term.

Ključne riječi

impact indicators; stock market return; market selection

Hrčak ID:

192700

URI

https://hrcak.srce.hr/192700

Datum izdavanja:

20.12.2017.

Podaci na drugim jezicima: hrvatski

Posjeta: 5.951 *