Effect of Fundamental and Stock Market Variables on Equity Return in Pakistan

Suleman Sarwar CIIT/FA10-MSMS-014/LHR

dc.contributor.author	Suleman Sarwar CIIT/FA10-MSMS-014/LHR
dc.date.accessioned	2017-01-02T09:54:56Z
dc.date.accessioned	2019-12-10T07:33:31Z
dc.date.available	2017-01-02T09:54:56Z
dc.date.available	2019-12-10T07:33:31Z
dc.date.issued	2012
dc.identifier.uri	http://dspace.cuilahore.edu.pk/xmlui/handle/123456789/432
dc.description.abstract	The sole purpose of this study is to investigate the significant determents of equity return. Based on a sample of non-financial listed companies in Karachi Stock Exchange from 1998 to 2009, panel data models will be applied with different estimators to confirm the existence of market premium, size, book to market ratio, leverage, dividend, earning, cash flow, discretionary accrual and stock price volatility. CAPM plays considerable role to define equity return in Karachi stock exchange. Fama and French three factor model failed to predict the stock return in Pakistan. Market premium, size, discretionary accrual and volatility have significant positive effect in joint model while book to market confirms negative effect on stock return.	en_US
dc.language.iso	en	en_US
dc.publisher	COMSATS Institute of Information Technology, Lahore	en_US
dc.subject	Management Sciences	en_US
dc.title	Effect of Fundamental and Stock Market Variables on Equity Return in Pakistan	en_US
dc.type	Thesis	en_US