The relationship between political instability and stock market performance: An analysis of the MSCI index in the case of Pakistan.

ABSTRACT: The stock market is the barometer of the economy that reflects the overall health and direction of the economic development and is affected by different factors including social, environmental and political. It is important to investigate the effect of the political instability on the stock market performance, especially on emerging economies. Therefore, we aim to study the relationship between political instability and stock market performance in Pakistan. To meet our objectives, we used past data from 1996 to 2021. Data are collected from the DataStream data base. MSCI indices are used as the proxy for the Stock market performance of the selected country. World governance six indicators are used in the study as the explanatory variable concentrating the political instability index as the

SUBMITTER: Mai Z 

PROVIDER: S-EPMC10586669 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature