DOES STOCK MARKET LIBERALIZATION CAUSE HIGHER VOLATILITY IN THE BURSA MALAYSIA? by ProQuest

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									                                     International Journal of Business and Society, Vol.9 No.1, 2008   19 - 36



      DOES STOCK MARKET LIBERALIZATION CAUSE
      HIGHER VOLATILITY IN THE BURSA MALAYSIA?


                  Siong-Hook Lawpa and Wan Azman Saini Wan Ngahab

                      a   Department of Economics, Universiti Putra Malaysia,
                                  43400 UPM Serdang, Selangor

                          b   Economics Division, University of Southampton,
                                Southampton SO17 1BJ,
								
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