Margin Requirements and Stock Market Volatility in Bangladesh
Journal Title: SDMIMD Journal of Management - Year 2012, Vol 3, Issue 2
Abstract
Officially margin requirements in bourses in Bangladesh were initiated on April 28, 1999, to limit the amount of credit available for the purpose of buying stocks. The goal of this paper is to measure the impact of changing margin requirement on stock returns' volatility in Dhaka Stock Exchange (DSE). The impact of margin requirement on stock price volatility has been extensively studied with mixed and ambiguous results. Using daily stock returns, we found mixed evidence that SEC's margin requirements have significant impact on market volatility in DSE.
Authors and Affiliations
A. F. M. Mainul Ahsan, Mohammad Osman Gani, Md. Bokhtiar Hasan
Keywords
Related Articles
- EP ID EP573230
- DOI 10.18311/sdmimd/2012/2741
- Views 130
- Downloads 0
Being Middle-class in India: A Way of Life
Henrike Donner is currently Professor for Indian Society and Culture at the Centre for Modern Indian Studies, Georg-August Universitat, Got tingen, Germany . Here search interests include urban an thropology , gender and...
Instrument Development and Validation: Educator Characteristics Scale
There are a number of factors based on which a teacher is assessed for performance and for best student outcome. This paper focuses on nine specific professional characteristics of educators and teacher efficacy, all of...
An Empirical Study of Stock Split Announcements of Select BSE Sectors Using Event Study Methodology
This study examines the stock market reaction to stock splits between 2002 and 2013 of 6 sectors of BSE-Auto, Bankex, Consumer Durables, FMCG, Health Care and IT sectors to find out if the Indian stock market is semi-str...
Managerial Success and Antecedents: An Empirical Enquiry and Model Building in Indian Context
The competitive pressures in the business environment have made demands for more number of successful Managers in organizations. This paper has made an attempt to empirically establish some of the antecedents as the back...
High Performance Healthcare: Using the Power of Relationships to Achieve Quality, Efficiency
Health care industry in India is set to grow and also likely to consolidate faced with a shortage of doctors and medical stuff. Thus, just like in developing countries, providers of healthcare will face pressure to deliv...