Do Russian stock market prices affect the capital investments of Russian firms? To answer this question, we run linear and quantile regressions for the analysis based on panel data for 30 Russian firms at quarterly intervals between 2015 and 2021. Regressions are run on both the full sample and firm levels. Our results support the hypothesis that stock prices affect Russian firms' capital investments. Moreover, stock prices have a positive effect on increasing capital investment.
Translated title of the contributionTHE IMPACT OF RUSSIAN STOCK MARKET PRICES ON CAPITAL INVESTMENTS OF RUSSIAN COMPANIES
Original languageRussian
Pages (from-to)829-834
Number of pages6
JournalЭкономика и предпринимательство
Issue number5 (142)
DOIs
Publication statusPublished - 2022

    Level of Research Output

  • VAK List

    GRNTI

  • 06.00.00 ECONOMY AND ECONOMIC SCIENCES

ID: 30758140