Stock Market and Economic Development in Bangladesh: A Case Study of Chittagong Stock Exchange

Manjurul Alam Mazumder

Stock Market and Economic Development in Bangladesh: A Case Study of Chittagong Stock Exchange

Manjurul Alam Mazumder * §

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§ International Islamic University Chittagong

Stock Market and Economic Development in Bangladesh: A Case Study of Chittagong Stock Exchange

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Abstract

The stock market plays an important role in economic development of Bangladesh. It transfers the fund from surplus units to deficit units for investment. The main purpose of the study is to examine the significance of stock market in economic development of Bangladesh. The study has used only secondary data. The secondary data are collected only relevant to study such as market capitalization, stock turnover, number of listed securities and companies, stock index, GDP for measuring economic development during the period of 2003-2013. The main reason to consider the certain period is the availability of data. The study has used some statistical measures of means, growth rate,andRatio of total market capital to GDP method. This study revealed that stock markets have made substantial contribution in economic development of Bangladesh. The study seems to carry an enormous academic value since a few studies have been undertaken in this area.

References

12 Cites in Article

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Manjurul Mazumder. 2015. "Stock Market and Economic Development in Bangladesh: A Case Study of Chittagong Stock Exchange". Global Journal of Management and Business Research, Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 15 (GJMBR Volume 15 Issue C2).

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GJMBR Volume 15 Issue C2

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

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Classification

GJMBR-C Classification JEL Code: G00

Submission ReceivedFebruary 5, 2015
Peer Review Double Blind
Handling Editor
Accepted March 1, 2015
Published March 15, 2015

Version of record

v1.2

Issue date

March 14, 2015

Language

English

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Article Matrices

Total Score: 148

Country: Bangladesh

Subject: Global Journal of Management and Business Research

Authors: Manjurul Alam Mazumder (PhD/Dr. count: 0)

View Count (all-time): 260

Total Views (Real + Logic): 958

Total Downloads (simulated): 55

Publish Date: 2015 03, Sun

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Total Views: 958

Total Downloads: 55

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