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Analysis of the Impact of Economic Growth and Asymmetric Information of Capital Market on Investors' Confidence

Author

Listed:
  • Moosavi, Seyed Abdollah

    (Isfahan (Khorasgan) Branch, Islamic Azad University)

  • Ranjbar, Homayoun

    (Isfahan (Khorasgan) Branch, Islamic Azad University)

  • Sameti, Majid

    (Isfahan University)

  • Sharifi-Renani, Hossein

    (Isfahan (Khorasgan) Branch, Islamic Azad University)

Abstract

The stock exchange, as a part of the capital market, in case of necessary conditions, can mobilize national capital and direct it towards economic growth. A secure environment where managers are working towards stockholders for investment and information asymmetry is considered to be the features of a good business. This research seeks to

Suggested Citation

  • Moosavi, Seyed Abdollah & Ranjbar, Homayoun & Sameti, Majid & Sharifi-Renani, Hossein, 2019. "Analysis of the Impact of Economic Growth and Asymmetric Information of Capital Market on Investors' Confidence," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 14(1), pages 41-62, January.
    • Handle: RePEc:mbr:jmonec:v:14:y:2019:i:1:p:41-62
    as

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    References listed on IDEAS

    as
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    4. Zivanemoyo Chinzara, 2011. "Macroeconomic Uncertainty And Conditional Stock Market Volatility In South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 79(1), pages 27-49, March.
    5. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    6. Fama, Eugene F, et al, 1969. "The Adjustment of Stock Prices to New Information," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 10(1), pages 1-21, February.
    7. Akhtar, Shumi & Faff, Robert & Oliver, Barry & Subrahmanyam, Avanidhar, 2012. "Stock salience and the asymmetric market effect of consumer sentiment news," Journal of Banking & Finance, Elsevier, vol. 36(12), pages 3289-3301.
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