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Interactions between Business Conditions and Financial Performance of Airlines in Top Ranking Tourism Destination Countries: an Empirical Investigation from Panel Data Analysis

2013
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Abstract (EN)

ABSTRACT: This thesis focuses on investigations the role of real income and industry sector on stock price movements in important airline companies around the world. Panel data analysis has been employed with this respect. Results of the thesis prove that economic growth and industrial growth exerts statistically significant impact on stock price movements of international airline companies. Stock prices converse to long term path by 4.10 percent through macroeconomic activity and business conditions. Keywords: Stock Prices; Business Conditions; Panel Data Analysis; Error Correction Model. ……………………………………………………………………………………………………………………………………………………………………………………………………………………

Author

Dr. Sara Farhangmehr

How to Cite

Sara Farhangmehr (Master Thesis). Interactions between Business Conditions and Financial Performance of Airlines in Top Ranking Tourism Destination Countries: an Empirical Investigation from Panel Data Analysis, 2013, Eastern Mediterranean University.

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