Impact of institutional investors on capital markets in selected European countries
Jun 30, 2024
About this article
Published Online: Jun 30, 2024
Page range: 29 - 38
Received: Feb 18, 2024
Accepted: Jun 11, 2024
DOI: https://doi.org/10.19275/rsep172
Keywords
© 2024 Mila Mitreva et al., published by Sciendo
This work is licensed under the Creative Commons Attribution 4.0 International License.
The aim of this paper is to analyze the effect that the institutional investors-pension funds, insurance companies and investment funds have on the capital markets in Austria, Belgium, Germany, Finland and Sweden for the period 2010-2022. The analysis was conducted in E-Views using the Unit Root Stationarity Test, Hausman test and panel regression analysis. The results showed that investment funds are statistically significant variable with positive impact on the capital markets in these countries.