文章基本信息

标题：MICRO AND MACROECONOMIC DETERMINANTS OF OIL STOCK PRICES ON ROMANIAN CAPITAL MARKET
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作者：Ciobanu, Anamaria ; Bratu, Sorina
期刊名称：Theoretical and Applied Economics
印刷版ISSN：1841-8678
电子版ISSN：1844-0029
出版年度：2008
卷号：11(528)(supplement)
期号：11(528)(supplement)
页码：327-334
出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：The purpose of the present study was to investigate whether the main fundamental and macroeconomic factors can explain oil stock performance on Romanian market for the period of March 2001 to March 2007. This paper focuses on the main economic factors that could affect stock price movement and can contribute in predicting future stock values. Generally, the results are consistent with the belief that changes in companies’ fundamentals and macroeconomic aggregates are likely to affect stock prices.
关键词：value relevance of micro and macroeconomic indicators; investment decision; oil stock prices.