ict and stock market nexus in africa: evidence from nigeria and south africa

Clicks: 3
ID: 166444
2016
Article Quality & Performance Metrics
Overall Quality
Not rated
Combines reader engagement with the AI quality analysis. This article has not been analysed, so there is no overall score — reader engagement is measured and shown alongside.
AI Quality Assessment
Not analyzed
Readership in this journal
Steady

Ranked #48 of 48 articles by views in organic process research and development

Most read Least read

Bar heights use a square-root scale.

Mint this article as an NFT
Not yet minted

Create a permanent, verifiable on-chain record of this article on the Scimatic Network. The NFT is held in your Journament account, and you can withdraw it to your own wallet at any time.

5 SUSD one-off · no wallet required
Abstract
Several studies have examined ICT in relation to stock market development, economic growth and development and other macroeconomic variables. Most of the studies have been on the developed and emerging economies. Studies have been relatively scanty for the developing economies, especially Sub-Saharan Africa. Thus, knowledge gap has been identified in the literature for the African Continent. Pooled data were used in this paper to spur further studies on financial markets in Africa. This paper employed data on functional models adapted from Gompertz curve model for technology diffusion to investigate the effects of ICT on market outcomes of two leading stock exchange markets in Africa during the 1995-2015 periods. Results showed mixed effects of most ICT metrics and moderating variables in the study. Specifically, the effect of mobile telephone on all market indicators was positive and significant. Further, aggregate effect of the ICT proxies and moderating variables on all market indices was statistically significant. The ICT proxies accounted for positive dynamics in market outcomes, market operations and, thus, sine quo non to growth and development of the markets and financial sectors in the Continent. Therefore, more investments in ICT wares and innovation by the stock exchanges and financial sectors in Africa were recommended.
Reference Key
okwu2016actaict Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors ;Andy Titus Okwu
Journal organic process research and development
Year 2016
DOI
DOI not found
URL
Keywords

Citations

No citations found. To add a citation, contact the admin at info@scimatic.org

No comments yet. Be the first to comment on this article.