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Indian Journal of Finance

ISSN: 0973-8711 Frequency: Monthly Peer Review: Double-blind Published since: 2007 Language: English
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Original Article

Home › Issues › Vol. 7, No. 11 (2013)
Open Access Original Article

Determinants of Share Price Behaviour: A Detailed Review of Empirical Studies

Ananta Prasad Mohapatra1,  Pramath Nath Acharya2,  Rudra Prasanna Mahapatra3

1 Ph.D. Scholar, Post Graduate Department of Commerce Berhampur University, Berhampur - 760 007, Odisha

2 Assistant Professor, Department of Management Studies National Institute of Science and Technology, Berhampur - 761 008 Odisha

3 Professor, Post Graduate Department of Commerce Berhampur University, Berhampur - 760 007, Odisha

Volume 7
Issue 11
Pages 38–50
Year 2013
Received: Jan. 23, 2013 Accepted: Sept. 10, 2013 Published: Nov. 1, 2013
Abstract

Shares provide exciting opportunities for making big money. This is the reason why they have become immensely popular with the investing public as a form of investment. However, share price behaviour is a very complicated issue. This is because shares generally represent a riskier investment than do the fixed return investments. Hence, the problem of deriving a suitable basis for the evaluation of ordinary shares has been at the forefront of investment analysis. Usually, share prices are determined by the interaction of the supply and demand subject to imperfection of the stock market. In this context, the major problem is the identification and measurement of different factors which influence supply and demand. This can be achieved only by detailed review of literature on the subject. As such, the present study seeks to examine and identify the various determinants of share prices through a detailed review of empirical studies on the subject.

Keywords Share Price Behaviour Stock Prices Financial Economics Determinants
How to Cite

Ananta Prasad Mohapatra, Pramath Nath Acharya, Rudra Prasanna Mahapatra (2013). Determinants of Share Price Behaviour: A Detailed Review of Empirical Studies. Indian Journal of Finance, 7(11), 38–50.

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