The government and its impact on the stock market : evidence from Singapore

• Main Authors: Ong, Lun Kuang, Ng, Ronald Hong Rui, Boon, Leonard Zhen Xiong
• Other Authors: Nanyang Business School
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Business::Finance::Capital market
• Online Access: http://hdl.handle.net/10356/51281
• Institution: Nanyang Technological University

This paper analyses how the Singapore Government impacts the local stock market. In particular, we study the effects of Parliamentary activities and the annual financial budget announcement on stock return, volatility and liquidity. We find that Parliamentary activities do not have a significant imp...