The Impact of Public Government on the Relationship Between Consumer Confidence and Stock Market Index: A Study

Purpose: The article aims to study the impact of public governance on relationship between consumer confidence and stock market index. Theoretical framework: concept index: According confidence, index is a way measure expected changes in income. Katona also argues that trust includes emotional intellectual factors. Design/methodology/approach: Data collected from 2012 2021 10 middle-income countries. variable measured by 6 component variables, including (1) Voice accountability, (2) Political stability, (3) Government efficiency, (4) Regulatory quality, (5) rule law, (6) Control corruption. Consumer (CCI) (SMI). authors use P. VAR model solve set goal. Findings: research results show positively affects price high-middle-income In contrast, administration does not influence low-income Research, Practical & Social implications: Based results, propose policy implications for countries investors' investment activities market, contributing boosting capital future more efficient circular economy. Originality/value: must increase its accountability people investors all decisions Government. Creating stable political environment, prioritizing dispute settlement peaceful negotiations.