Phoong, Seuk-Wai; Ismai, Mohd Tahir; Sek, Siok-Kun - In: Asian Academy of Management Journal of Accounting and … 10 (2014) 1, pp. 133-149
The stock market can reflect the economy of a country. The movement of the stock market index may imply the economic condition in general. The 1997 Asian Financial Crisis and the 2008 Global Economic Crisis are examples of share depressions that impacted countries’ inflation, unemployment...