The Impact of Institutional Investors on Economic Growth of European Countries
Institutional investors have an important place in current financial markets. The big amount of assets and the high expectations from retail investorsis putting a lot of pressure on their results. Our paper is based on financial and economic data of 45 European countries, for the period 1995...
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| Format: | Article |
| Language: | English |
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Universitaria Publishing House
2019-11-01
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| Series: | Finanţe: Provocările viitorului |
| Subjects: | |
| Online Access: | http://www.financejournal.ro/fisiere/revista/36344766810.%20Brodocianu%20EN.pdf |
| _version_ | 1818565486033502208 |
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| author | Mihaela BRODOCIANU |
| author_facet | Mihaela BRODOCIANU |
| author_sort | Mihaela BRODOCIANU |
| collection | DOAJ |
| description | Institutional investors have an important place in current financial markets. The big amount of assets and the high expectations from retail investorsis putting a lot of pressure on their results. Our paper is based on financial and economic data of 45 European countries, for the period 1995-2015. The scope of our study is to check if the presence of mutual funds, pension funds and insurance companies is important not only for financial development but also for economic growth, expressed as GDP growth per capita. Our results show a positive relation between the assets of institutional investors and GDP growth per capita and of all types of institutional investors, the highest impact is from insurance companies. |
| first_indexed | 2024-12-14T01:41:58Z |
| format | Article |
| id | doaj.art-da208cbaf8ee40e29e3716650ac692fe |
| institution | Directory Open Access Journal |
| issn | 1583-3712 1583-3712 |
| language | English |
| last_indexed | 2024-12-14T01:41:58Z |
| publishDate | 2019-11-01 |
| publisher | Universitaria Publishing House |
| record_format | Article |
| series | Finanţe: Provocările viitorului |
| spelling | doaj.art-da208cbaf8ee40e29e3716650ac692fe2022-12-21T23:21:42ZengUniversitaria Publishing HouseFinanţe: Provocările viitorului1583-37121583-37122019-11-01121112119The Impact of Institutional Investors on Economic Growth of European CountriesMihaela BRODOCIANU0Alexandru Ioan Cuza University of IasiInstitutional investors have an important place in current financial markets. The big amount of assets and the high expectations from retail investorsis putting a lot of pressure on their results. Our paper is based on financial and economic data of 45 European countries, for the period 1995-2015. The scope of our study is to check if the presence of mutual funds, pension funds and insurance companies is important not only for financial development but also for economic growth, expressed as GDP growth per capita. Our results show a positive relation between the assets of institutional investors and GDP growth per capita and of all types of institutional investors, the highest impact is from insurance companies.http://www.financejournal.ro/fisiere/revista/36344766810.%20Brodocianu%20EN.pdfmutual fundspension fundsinsurance companiesfinancialdevelopmentgdp per capita |
| spellingShingle | Mihaela BRODOCIANU The Impact of Institutional Investors on Economic Growth of European Countries Finanţe: Provocările viitorului mutual funds pension funds insurance companies financialdevelopment gdp per capita |
| title | The Impact of Institutional Investors on Economic Growth of European Countries |
| title_full | The Impact of Institutional Investors on Economic Growth of European Countries |
| title_fullStr | The Impact of Institutional Investors on Economic Growth of European Countries |
| title_full_unstemmed | The Impact of Institutional Investors on Economic Growth of European Countries |
| title_short | The Impact of Institutional Investors on Economic Growth of European Countries |
| title_sort | impact of institutional investors on economic growth of european countries |
| topic | mutual funds pension funds insurance companies financialdevelopment gdp per capita |
| url | http://www.financejournal.ro/fisiere/revista/36344766810.%20Brodocianu%20EN.pdf |
| work_keys_str_mv | AT mihaelabrodocianu theimpactofinstitutionalinvestorsoneconomicgrowthofeuropeancountries AT mihaelabrodocianu impactofinstitutionalinvestorsoneconomicgrowthofeuropeancountries |