International Postgraduate Research Conference (IPRC)

Permanent URI for this communityhttp://repository.kln.ac.lk/handle/123456789/155

Browse

Has files: YesSubject: search.filters.subject.Investment

Search Results

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    Determinants of Foreign Direct Investment in Nigeria (1970-2014)
    (Faculty of Graduate Studies, University of Kelaniya, 2015) Kumo, A.A.
    Foreign Direct Investment (FDI) has been at the center stage as a phenomena of discussion amongst international cum development economists since the breakthrough made by Hymer‘s Thesis in 1960 which serves as a basic reference in subsequent study on the Multinational Corporations (MNC). Therefore, there has been a continuous growing concern on research in the area of FDI due to globalization of markets and companies emerging to be internationalized. Also, the existing liberal regulations in various countries give rise to the influx of companies across borders in an effort to engage in FDIs. The issue of FDI determinants remains relative and debatable owing to different results found empirically. Asiedu (2006) suggests that in Nigeria, FDI is determined by large local markets, natural resources, infrastructure and low inflation but to Bakare (2011) the major determinants of FDI are attributed to political cum macroeconomic instability; while Okafor (2012) conclude that the key FDI determinants are real gross domestic product (GDP), interest rate, and real exchange rate. Therefore, the problem of ascertaining the real FDI determinants in Nigeria is yet to be unanimously established and that calls for further research. In this study, we use time series data from 1970 to 2014 so as to enable us capture the FDI determinants in Nigeria up to date. We employ econometric techniques and estimated the FDI model with exchange rate, real gross domestic product, money supply, interest rate, international trade and expenditure on education as explanatory variables. The result shows that the model has a perfect fit at the same time GDP, money supply, international trade and interest rate increase FDI inflow. Furthermore, almost all the variables entered behave in accordance with a priori economic expectation. We conclude that government should intensify on such policies that are likely to attract FDI and vice versa.
  • Thumbnail Image
    Item
    A Study on Awareness of Stock Market investors in Sri Lanka
    (Faculty of Graduate Studies, University of Kelaniya, 2015) Chathuranganie, W.H.I.; Muneera, W.A.F.; Weerasinghe, K.G.G.
    The investor is centralized character in an economy and stock market plays a major role of economic growth in a country. To minimize risk of investment investor should have good knowledge about capital market trading. This research considers about stock market awareness of the investors. The main objective of this study is to recognize the impact of stock market awareness on their investment. A structured questionnaire was used to reach this objective of the survey. The sample was consisted 150 responders who invest in the Colombo Stock Exchange. In the quantitative analysis, Likert-scale questions which describe the basic knowledge about stock market investment were used to develop an index regarding the awareness of the stock market. This research considers the differences in amount of investment, according to their awareness about stock market using the independent t-test between two groups; having awareness and not having awareness. Further, to recognize the factors which impact for the amount of investment used multiple regression model. Highest percentage of investors was male. 74% of investors were obtained A/L qualifications. Among them, 18% of investors had followed extra courses regarding to share market. 87% of investors used the savings for investment. 13% of investors were used non saving sources such as credits and real assets. Most of the investors had other investment beside of stock market investment. 78% of investors were concentrated on ordinary shares. According to the index; regarding the awareness of the stock market, 12% of investors had higher awareness about stock market and 23% of investors had medium awareness about the stock market. 70% of investor‘s awareness was not in a satisfactory state. Independent t-test result indicates that there hadn‘t any difference on investment amount according to awareness of investors. To maximize investment benefit through minimize their risk; awareness of investment should be improved. Therefore Securities and Exchange Commission ought to be involved to expand the informal educational ways which are familiar to investors.