DOES INFLATION SIGNIFICANTLY AFFECT STOCK INVESTMENTS AND THEIR PRICE?

Turanboyev Boburjon, Nishonkulov Shohruhxon

Қўқон университети хабарномаси · 2023-yil

Annotatsiya

This paper uses data from 7 emerging markets and shows that investment of firms headquartered in countries with higher inflation is significantly less sensitive to their stock prices than that of firms headquartered in countries with lower inflation. We argue that stock prices are less informative in countries with high inflation. As a result, managers are less likely to use stock prices in their investment decisions, thereby lowering sensitivity of investment to stock prices in countries with higher inflation.

Maqola ma’lumotlari
MualliflarTuranboyev Boburjon, Nishonkulov Shohruhxon
JurnalҚўқон университети хабарномаси
Nashr sanasi2023-03-31
Jild1
Betlar61-64
TilIngliz

Kalit so‘zlar

Capital Expenditures; Emerging Markets, Inflation, Stock Prices.

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