Stock market and income inequality for ASEAN countries / Nurfarihah Mohd Ramlee

This paper investigates the relationship between the stock market and income inequality in ASEAN countries from 201 1 to 2020. Reduced income inequality and improved access to financial institutions, particularly in developing countries, are critical to achieving the Sustainable Development Goals 10. Southeast Asia's financial services market has expanded rapidly over the last decade. However, ASEAN remains concerned about the issue of unequal income distribution, which has the potential to stifle economic development, jeopardise the fight against income inequality, and jeopardise community stability. Furthermore, this research will concentrate on five ASEAN countries which are Indonesia, Vietnam, Malaysia, Philippines, and Thailand. This study's findings will indicate which independent variable will have an impact on income inequality.