Impact of macroeconomic variables on the stock performance of select companies in manufacturing industry

Title

Impact of macroeconomic variables on the stock performance of select companies in manufacturing industry

Creator

Raju M.A.

Description

The efficient functioning of a stock market is influenced by different macro economic factors like Inflation, Interest rates, exchange rate etc. The favourable Macro Economic Variables both domestic economy and global economy inspire the organisations to go for strategic investment activities in domestic and global markets and reflect positively on the company financial performance and firms fundamentals like Revenues, Operating margins, Earnings Per Share, the Economic Value , Market value, and the Firms overall Value. These positive indicators in the fundamentals of the firms send positive signals into stock markets and generate positive perceptions about the company's stock prices in the market. Markets become so attractive to domestic and foreign investors which drive the share price of different companies , specially Blue chips upwards and creates value to the shareholders .According to the study organized the impact of macro economic variables is not uniform and the impact varies betweem various macro economic variables on the stock market performance. Serials Publications Pvt. Ltd.

Source

International Journal of Economic Research, Vol-14, No. 8, pp. 321-328.

Date

2017-01-01

Publisher

Serials Publications

Subject

Economic value added; Financial performance; Firm value; Market value added; Shareholders value; Strategic investment

Coverage

Raju M.A., Department of Management Studies, Christ University, India

Rights

Restricted Access

Relation

ISSN: 9729380

Format

Online

Language

English

Type

Article

Identifier

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85026365001&partnerID=40&md5=2400239b14e3fc1fa5a1abb90b5b9c91