Study or Stock Market Essay
Dr. Pushpa Bhatt and Sumangala J. K (2011) studies Impact of Book Value on Market Value of an Equity Share – An Empirical Study in Indian Capital Market. They attempt to find the explanatory power of book value in explaining the variations in equity market value. Then attempt is made to compare the same with the same of earning per share (EPS). They have collected and analyzed data about book value and market value of equity share of 50 companies for 5 years from 2006-07 to 2010-2011. Jimoh Ezekiel Oseni (2007), Determinants of stock prices in the capital market. There are over 130 companies whose shares are being traded in the Nigerian capital market. The Banking sector in the last five years has dominated the market in terms of trading volumes and market performance.
The earning per share (EPS) and dividend per share (DPS) of twelve companies listed on the Nigerian Stock Exchange (NSE) and (average) annual GDP, crude oil price (OIL), lending interest rate (INT), inflation rate (INFL) and foreign exchange rate (FX) are used are analysed for effect on the stock price. The period covered by the data is year 2001 to 2007. Mohammed Belal Uddin (2009) Determinants of market price of stock: A study on bank leasing and insurance companies of Bangladesh. The population size is 86 listed companies in Dhaka Stock Exchange (DSE) and chosen 68 companies as sample on probability sampling basis. In this study the dependent variable is “Market Price of Stock (MPS)” in Bangladeshi taka. The independent variables are: (1) Net Asset Value per Share (NAVPS) in Bangladeshi taka;
(2) Dividend percentage (DIV);
(3) Earnings per Share (EPS) in Bangladeshi taka
Dr. Sanjeet Sharma (2009) Determinants of equity stock prices in India. This study has been undertaken to examine the empirical relationship between equity share prices and explanatory variables such as: book value per share, dividend per share, earning per share, price earning ratio, dividend yield, dividend payout, size in terms of sale and net worth for the period 1993-94 to 2008-09.
Dr. Bidyut Jyoti Bhattacharjee (2012), the determinants of market price of share of Indian companies. This study makes an attempt to examine that whether market price of share of the company influenced by important determinants like size, growth, risk, profitability, leverage and dividend decision of the company considering Indian industries enlisted in Bombay Stock Exchange of India.
In Uwalomwa Uwuigbe, Olowe and Olusegun, Agu (2012) An Assessment of the Determinants of Share Price in Nigeria: A Study of Selected Listed Firms. This study basically seeks to investigate the effects of financial performance, dividend payout and financial leverage on the share price of firms operating in the Nigerian stock exchange market. To achieve the objectives of this study, the Nigerian stock exchange fact book and the corporate annual reports for the period 2006-2010 were analyzed. In addition, using the judgmental sampling technique, the study considered a total of 30 listed firms in the Nigerian stock exchange market. The choice of these industries arises based on the size, and the decline in the share prices of the stocks of these firms.
Dwi Martani, Mulyono and Rahfiani Khairurizka (2009), the effect of financial ratios, firm size, and cash flow from operating activities in the interim report to the stock return The objective of this study is to examine the value relevance of accounting information in explaining stock return. The study uses profitability, liquidity, leverage, market ratio, size and cash flow as proxies of accounting information. The samples of the study are listed companies in manufacturing industries that actively trading between 2003-2006 in Indonesia Stock Market. The study finds that profitability, turnover and market ratio has significant impact to the stock return.
P. S. irmala, P. S. Sanju and M. Ramachandran Determinants of Share Prices in India the focus of this study is to identify the determinants of share prices in the Indian market. The study uses panel data pertaining to three sectors viz., auto, healthcare and public sector undertakings over the period 2000-2009 and employs the fully modified ordinary least squares method. The results indicate that the variables dividend, price-earnings ratio and leverage are significant determinants of share prices for all the sectors under consideration. Further, profitability is found to influence share prices only in the case of auto sector