-
The Role Of The Nigerian Stock Exchange On Capital Formation (1980-2011)
-
-
-
This study was carried out to determine the effect of stock market on capital formation in Nigeria. The variables included in the model were, Gross Fixed Capital Formation, value of share traded, interest rate, inflation rate, commercial bank investment indicator, and Stock Market Capital. Data were sourced from CBN statistical bulletin (2011). The study employed OLS technique to determine the effect of stock market on capital formation. The empirical finding shows that stock market capital, commercial bank investment indicator, inflation rate, interest rate, value of share traded and Gross Fixed Capital Formation. Based on the findings, the following recommendations were made. The total liberalization of the financial sector and encouragement of Nigerians to take advantage of the stock exchange.
-
-
-
CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONE1.0 INTRODUCTION1.1 BACKGROUND OF THE STUDYAlmost all the economist laid emphasis on capital formation as the major determinant of economic growth. The meaning of capital formation is that society does not apply the whole of it’s current productive activity to the needs and immediate desire of consumption, but directs some part of it to the creation of capital goods, tools and instruments, machines and transport facilities, plants and equipments all the various forms of real ca ... Continue reading---
-
CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONE1.0 INTRODUCTION1.1 BACKGROUND OF THE STUDYAlmost all the economist laid emphasis on capital formation as the major determinant of economic growth. The meaning of capital formation is that society does not apply the whole of it’s current productive activity to the needs and immediate desire of consumption, but directs some part of it to the creation of capital goods, tools and instruments, machines and transport facilities, plants and equipments all the various forms of real ca ... Continue reading---
ABSRACT -- [Total Page(s) 1]
Page 1 of 1
ABSRACT -- [Total Page(s) 1]
Page 1 of 1