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Impact of Financial Transaction Taxation on Exchange Trading Volume in Tunis stock exchange

Author

Listed:
  • safa BEN HAMIDA

  • Faouzi JILANI

Abstract

Purpose : This article aims to analyze the impact of the taxation of financial transactions on the trading volume within the Tunis Stock Exchange. \n Methodology : The regressions of the models used are made on balanced panel data based on the balance sheets of 25 Tunisian companies listed on the stock exchange for the period from 2008 to 2014. \n Result : the results show that an increase in the tax of 1% leads to a decrease in the volume of exchange of 0.0239. The model is globally significant with a strong explanatory power. \n Originality : the originality of this study lies in its uniqueness in the Tunisian context.

Suggested Citation

  • safa BEN HAMIDA & Faouzi JILANI, 2023. "Impact of Financial Transaction Taxation on Exchange Trading Volume in Tunis stock exchange," Journal of Academic Finance, RED research unit, university of Gabes, Tunisia, vol. 14(1), pages 29-45, June.
    • Handle: RePEc:jaf:journl:v:14:y:2023:i:1:n:642
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    References listed on IDEAS

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    2. Umlauf, Steven R., 1993. "Transaction taxes and the behavior of the Swedish stock market," Journal of Financial Economics, Elsevier, vol. 33(2), pages 227-240, April.
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    More about this item

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • N8 - Economic History - - Micro-Business History
    • G3 - Financial Economics - - Corporate Finance and Governance

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