The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries

ZEREN, Feyyaz; Konuk, Filiz

The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries

Feyyaz ZEREN, (Namık Kemal Üniversitesi, Tekirdağ Türkiye)

Filiz KONUK (Sakarya Üniversitesi, Sakarya, Türkiye)

İşletme ve Ekonomi Araştırmaları Dergisi

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Yıl: 2016 Cilt: 7 Sayı: 1 Sayfa Aralığı: 21 - 30 Metin Dili: İngilizce İndeks Tarihi: 29-07-2022

The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries

Öz:

In this study, the nexus between trading volume stock prices has been examined using panel causality test developed by Dumitrescu-Hurlin (2012) in OECD countries. As a result of a study which 12 countries are tested and monthly data of total 100 terms, it has stated that the causality from stock market index to trading volume. While this study shows that the positive or negative changes in the stock prices create trading volume on stock markets, it is clearly seen that trading volume doesn't affect the stock prices. In this situation, it can be said that positive feedback hypothesis is valid for markets in this analysis. According to these findings efficient market hypothesis is valid for these stock markets

Anahtar Kelime:

Konular: Tarih

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık

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APA	ZEREN F, Konuk F (2016). The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries. , 21 - 30.
Chicago	ZEREN Feyyaz,Konuk Filiz The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries. (2016): 21 - 30.
MLA	ZEREN Feyyaz,Konuk Filiz The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries. , 2016, ss.21 - 30.
AMA	ZEREN F,Konuk F The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries. . 2016; 21 - 30.
Vancouver	ZEREN F,Konuk F The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries. . 2016; 21 - 30.
IEEE	ZEREN F,Konuk F "The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries." , ss.21 - 30, 2016.
ISNAD	ZEREN, Feyyaz - Konuk, Filiz. "The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries". (2016), 21-30.

APA	ZEREN F, Konuk F (2016). The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries. İşletme ve Ekonomi Araştırmaları Dergisi, 7(1), 21 - 30.
Chicago	ZEREN Feyyaz,Konuk Filiz The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries. İşletme ve Ekonomi Araştırmaları Dergisi 7, no.1 (2016): 21 - 30.
MLA	ZEREN Feyyaz,Konuk Filiz The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries. İşletme ve Ekonomi Araştırmaları Dergisi, vol.7, no.1, 2016, ss.21 - 30.
AMA	ZEREN F,Konuk F The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries. İşletme ve Ekonomi Araştırmaları Dergisi. 2016; 7(1): 21 - 30.
Vancouver	ZEREN F,Konuk F The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries. İşletme ve Ekonomi Araştırmaları Dergisi. 2016; 7(1): 21 - 30.
IEEE	ZEREN F,Konuk F "The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries." İşletme ve Ekonomi Araştırmaları Dergisi, 7, ss.21 - 30, 2016.
ISNAD	ZEREN, Feyyaz - Konuk, Filiz. "The Nexus between Trading Volume and Stock Prices: Panel Evidence from OECD Countries". İşletme ve Ekonomi Araştırmaları Dergisi 7/1 (2016), 21-30.