Research Report: Money Supply Chain and its Effect on Stock Prices

This report explores the relationship between the money supply chain and stock prices through a comprehensive literature review and analysis of various research articles. It examines the impact of macroeconomic variables, including inflation rates and cash flow discounting, on stock market returns. The report critiques different research methodologies, such as qualitative and quantitative approaches, and highlights the importance of selecting appropriate research methods for accurate analysis. The research also considers the influence of both quantitative and qualitative factors on stock prices, emphasizing the need for a balanced perspective. Different research questions are addressed based on insights from renowned authors, aiming to provide a valid conclusion on the dynamics between money supply and stock prices. Desklib offers more solved assignments and past papers for students.

Money supply chain and stock prices
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Table of Contents
Introduction....................................................................................................................................3
Relevant Journal & Mind Map....................................................................................................5
Questions, Theories, and Methods...............................................................................................7
Critique of Two articles.................................................................................................................9
Conclusion....................................................................................................................................13
References.....................................................................................................................................15
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Introduction
The given research has been conducted with an aim to identify the relationship between money
supply chain and stock prices. The above research has been conducted to accomplish the above
objectives. Several articles have been referred to give a better understanding of the research
work. However, all the journals and articles have been referred keeping into consideration the
overall objectives. Their respective literature review and the research methodology have been
considered and interpreted and accordingly analyzed.
Thus the research methodology used in the undertaking research is majorly secondary. This will
facilitate the reader to understanding the expert views and opinions of the various field experts
and research analysts (Ada & Ghaffarzadeh, 2015). Finding or identifying literature review or
journal has been the utmost task throughout the research work. Besides, more emphasis has been
placed on the qualitative work instead of quantitative aspects of the research work.
An in-depth understanding instead of through understanding has been done to figure out the
conclusion obtained and from the research work conducted by various researchers along with
their respective assumptions and their basis. This will also help to find out the perspective of the
researchers who are experts in the research field (Mamary, et. al., 2014). In other words, besides
conducting research on own basis, the purpose of the research is to appropriately select the
articles and journals relevant to the research purpose. This will help to clearly provide direction
to the preparer of the research.
The given report relating to the research has been covered in the three parts. Different references
have been given to the each individual part (Alshenqeeti, 2014). As such, understanding of each
part of the research work will provide a better perspective and understanding of the research
outcome of the concerned researcher.
From the literature review of the almost all the articles, various important and valuable
conclusions can be drawn. These conclusions and interpretations have been thoroughly explained
along with their basis of arriving conclusions. Besides, for arriving at a consensus outcome and
result, literature review along with their research methodology of authors of different nations
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have been taken. This will facilitate the researcher and users to gain an understanding of the
views and opinions of the different researchers’ expert in this particular field (Lowry, 2015).
Identifying correct and most suitable reference is the most critical and significant part of the
research work. Besides, it is the most crucial aspect of the given key relevant literature
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Relevant Journal & Mind Map
In the article given by well-renowned philosopher Bahloul. S., et. al., an attempt has been made
to understand the impact of all the possible macroeconomic variables on the index return of
Istanbul. For this purpose, the time period has been selected and taken starting from 2002 to
2014. Accordingly, the data has been taken during this period.
The result has been arrived on the basis of research conducted. For the ease of understanding,
only the non-financial variables have been covered in the research work. In other words, only the
qualitative parameters have been covered. Since the literature review basically deals with the
money supply chain, all the major and economical factor and variables have been covered and
accordingly analyzed (Lowry, 2015).
Various conclusions and interpretations have been identified during the research work. Some of
the major conclusions are explained below:
1. Stock or share return is positively related to the expected as well as the unexpected
inflation rate. Thus, it can arrive on the conclusion that there is a linear relationship between the
return of the concerned business enterprise and the inflation rate prevailing in the economy
(Mamary, et. al., 2014). It can be further elaborated that a sudden or immediate hike or increase
in the inflation rate, it will affect the stock price as well as a return to a great extent.
2. Discounting cash flows that are going to arise in the nearby future. Such discounting is
known as taking cash flows to the present value. This discounting requires the determination of
the interest rate (borrowing/deposit) which needs to be determined to keep into consideration the
market factors and variables. Discounting such cash flows will reflect the actual present value of
the concerned or respective stock of the organization.
3. Share price is affected not only by the quantitative factors but also by the qualitative
factors or variables as well. However, both factors have a different impact on the share price.
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Image 1: Mind map of the literature review covered in the overall research work
Source: By author, 2018
The above diagram depicts the various factors or variables that arose during the reading phase of
the literature review. However, later on, these variables were found to have a major impact on
the share or stock prices. But the nature and extent of relationship differ since their impact
differs.
During the research work, the VAM methodology has been formulated and accordingly
implemented. Selection of this particular methodology has been followed throughout the
research work. This specific methodology has been finalized after taking into consideration all
the possible factors and after analyzing all the points it was concluded that this particular
research methodology was appropriate and suitable taking into consideration all the research
objectives.
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QuantitativefactorsConventionalstockfactorsVARmethodologyCashflowdiscountingmodelEconomicalenvironment

Questions, Theories, and Methods
Authors Research Question The methodology used in Research
Bahloul. S.,
Mroua. M., &
Naifar. N.
Is there any relationship between
macroeconomic environment and stock
market variables?
Sampling technique comprising ten
developed and ten emerging markets.
Jamaludin N., et.
al.
Nature and extent of macroeconomic
variables such as inflation and exchange
rate on conventional as well as Islamic
stock market returns in the three
ASEAN countries.
Combination of cross-sectional and
time-series over a period of 10 years.
Rahi, S., 2017 How research paradigm and sampling
issues affect the determination of the
efficiency of literature review
A mixed approach to quantitative
and qualitative facts and figures has
been taken during the research work.
It can be observed that this literature review covers the above two basic research questions and as
such the research work has been done to identify the solution to the above research questions. In
the corresponding column, the methodology has been cited. As such, the given methodology or
the approach has been followed during the research work and its relative literature review.
The literature review given by the various authors has been read keeping into consideration the
corresponding or respective research objectives.
All the above research questions have been framed and finalized after understanding and reading
the literature review and research objectives of all the famous and well-renowned authors and
philosopher. Only those articles and journals have been taken into consideration which was
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found appropriate and relevant for the study purpose. Thus, an attempt has been made to arrive at
a valid conclusion that can be drawn after going through the literature review of the suitable
research articles written and finalized by the famous authors.
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Critique of Two articles
There are different types of research methodology that can be used for the research. It can be of
two types that is Qualitative and Quantitative research. The Qualitative research consists of the
analysis of the content, Historical, Experiments, survey and case studies whereas the
Quantitative research consists of the Correlation, Single-Subject, Survey, and Casual
Comparative. Qualitative method is the way of research methodology conducted for the in-depth
details. In case of Quantitative methodology, the data collected is new and does not depends on
the data collected from the various other sources (Walliman, 2011). The methodology depends
upon the population, sample size and the type information that needs to be required for an
efficient work.
The two methodologies that are used for the development of the research and finding of the
literature are the analysis of the content and case studies.
Case Studies – The case studies can be defined as the description of various problems and
research material. The case studies are used as the research methodology as there is various
information gathered from them. The case studies look into the various aspects related to the
research topic that needs to be analyzed (Harrison, et. al., 2017). The various articles, Journals
that are being published are understood for the research conducted to have a better analysis. It is
more specific about the data that is being used for the purpose of the research. The method of
case study does not generally conduct in the wider area or population for the purpose of analysis.
There can be an analysis of the single event that has happened related to the research conducted
or various such events. The finding or outcomes of those studies are being inspected to adapt it
for the purpose of the research. The case studies also help in getting the evidence depending on
the actual events that have occurred. It helps to solidify their research through actual results than
the research based on the basis of the assumptions and reports. The multiple case studies are used
as it helps to draw the conclusion by analysis and comparison of the verdict that was provided. It
is important that the case studies that are taken for the research work must relate to it and does
not mislead it resulting in wrong analysis of data. The Case studies are important in the various
ways (Harrison, et. al., 2017). They are the viable method for any particular specific research
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whether it is implicit or explicit. The research can be linked to the question related to the
research. There is a proper application of the methods and procedures which is favorable while
using it as a method for the research. There is an effective and efficient recording of each and
every data whether it is qualitative or quantitative. The framework related to the theoretical part
is also included while the development of the case studies. The case studies can be classified into
the various types such as the exploratory, descriptive, and explanatory. The Exploratory case
studies can be defined as where a phenomenon is being described in the case studies which is
useful for the purpose of the research (Harrison, et. al., 2017). There is calculation of the data on
the small level for the research purpose by the researcher and analysis of it on the basis of some
sort of question and patterns to go deep in the research. The descriptive case study consists of the
strategies that are being used by the researcher or the reader. The descriptive case study includes
the description of the incident that has happened and analysing it for the research. The
explanatory case studies can be defined as the analysis of the strategies that are being used. The
main element of this theory is the collection of the data from the external resources rather than
attaining it from the research. The case studies can be of huge advantages as it eliminate the
material and data which are not relevant and focus on the information which are useful to them
(Harrison, et. al., 2017). The other advantage can be stated that both the type of data can be
analysed with the help of the Case studies which includes quantitative and qualitative. The case
studies are not only useful in describing but also in understanding the complexities that lies with
the information that is required for the research work. There are some disadvantages also in
using the case studies for the purpose of research which can be understood as there are sometime
partial views or verdicts for the incident that has happened. It is also difficult to generalise as
there are not many subjects for the developing a closed conclusion. The case studies involved
written documentation of each and everything making it too long making it a bit of problem. In
case of using of single case studies it has also become difficult to conclude on the verdict. The
methods were helpful in determining the research and theory that are being conducted. The
analysis of various Journal article and review has helped to undermine the research and find out
the relationship between the market supply chain and the stock prices. The case studies related to
various geographical area has helped in determining the effect that the money supply chain had
on the stock prices of the company along with the effect on the economy of the country. The
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Case studies has helped in-depth knowledge about the research topic and also in understanding
the same.
Analysis of the content - The analysis of the content can be defined as the technique used for
analysing and interpreting the return context which can be oral, documented or graphical. The
message displayed in the content which is the base for the formation of conclusion and
inferences. It is important that the message are being analysed in an systematic way looking at
the objective of the company. It is an useful techniques to understand the message that is being
taken from the content (Bengtsson, 2016). It can also be stated that the procedure of analysis of
the content on the basis of references. It is important that there is valid interpretation of the data
that is being used for the research purpose. There are three scientific method which are
objectivity, Systematic, and generalizability. Objectivity can be understood as the using of the
data as per the need of the researched that is obtaining of same results from the exactly same
document. Systematic can be stated as the material which can be biased and supports only the
idea of the researcher are being eliminated to have an effective and efficient results. The
generalizability states that the analysis of the content used can be used for the purpose of the
similar situations there in the market. The Analysis of content is being used for the various other
purposes such as the social change, cultural symbols etc. The analysis of the content can be used
for the change and research of it. There is usage of the same for the purpose of the market studies
(Bengtsson, 2016). The content analysis is also used to understand the results that are being
analysed from the other methods. It is also useful in determining the quantitative expression from
the available data. It is useful in making the research more analytical and effective with
measurement of the Quantitative extent also. The another thing is that in case there is doubt
about the research conducted or the information was not properly decoded it is always possible
to go back and add on the missing information. The data can be used even if the volumes are
large with a minimal investment. There are disadvantages also as there are only inference of the
text only. There can be conflict between the interpretation of the content written and interpreted
by the researcher. The issues related to reliability and validity are not resolved even with this
technique therefore making it important to look over it. The relationship between the variable
cannot be determined (Bengtsson, 2016). It begins with the analysis of the research questions and
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article required for with an objective to interpret the data for the purpose of research. The process
of doing the critical analysis consist of Objective and formulation of research questions,
Selecting Sample of communication, development of content categories, Units that needs to be
used for the analysis, preparation of schedule and lastly analysing the data that is being collected.
The content analysis is being used in selecting of an appropriate research document that can be
effective for conducting of the research. It has also helped in determining the validity of the
research material that are being chosen for the purpose of the research. It has helped in analysing
the research of the content that is being used for conducting the research. It is useful for meeting
the purpose of collection of the information for research.
The methods used for the research methodology needs to be able to scrutinize the content which
is written for the research. The content used must be free from any biased nature or must be
eliminated if there is the only statement of the researcher idea. There must be some ways to
determine the ways through the viability of the document, data can be determined (Rahi, 2017).
The information collected must be able to analyze and check. The modification in the research
methodology must be made regarding the information and provided is free from any bias and
technique must be implemented to measure the ways in determining the proof of it. There are
also various ways such as the articles based on the actual company or being issued by the
government authorities.
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