SMART JOURNAL OF BUSINESS MANAGEMENT STUDIES VOL. 9 NO. 1 PAPER 1
 
EQUITY MARKET VOLATILITY - A COMPREHENSIVE STUDY ON SELECTED COUNTRIES WORLD WIDE
 
Usha Rajagopalan*, Sheela Devi S Sundarasen** and Nakiran Rajangam***
*    Senior Lecturer, Taylor’s Business School, Taylors University,Malaysia
**   Senior Lecturer, Taylor’s Business School, Taylors University, Malaysia
*** Lecturer, Taylor’s Business School, Taylors University, Malaysia
 
The equity market is the measure to identify the strength or weakness of any economy and the ups and downs in the market results in upward or downward spiral of the market capitalization in terms of billions. It is worthwhile to study in depth the reasons for such a volatility in the Equity Market. While going into the study of volatility in the Equity Market, factors that influence the volatility would give a more realistic picture surrounding such volatility. This study takes into account two such major factors and tends to arrive at the correlation of the factors to the volatility in the market. The two factors taken into consideration in this study come under institutional arrangement viz., Investors’ Protection and Transparency Level. The study was conducted with respect to 55 countries across the globe.
 
KEYWORDS: Market Volatility, Investors Protection, Transparency Level JEL CLASSIFICATIONS: G15, G19 FULL TEXT