International Journal of Academic Management Science Research (IJAMSR)   Year: 2022 | Volume: 6 | Issue: 8 | Page No.: 193-206 Role of Security Markets on Economic Growth of Selected Companies Listed on the Uganda Securities Exchange; a Case Study of Uganda Securities Exchange Download PDF Gimei Abel, Rutaro Abas Abstract: The study examined the Role of security markets on the economic growth of selected companies on the USE, Kampala. The specific objectives of the study were; to examine the relationship between raising new capital and economic growth of selected companies Uganda securities exchange; to assess the relationship between trading in securities and economic growth of selected companies Uganda security exchange; and to establish the relationship between forex regulations and economic growth of selected companies Uganda securities exchange. The study used a descriptive correlational and cross-sectional survey design using a sample size of 210. The findings indicated that there is a significant relationship between raising new capital and economic growth. The r value of 0.383 reveals that a positive relationship exists between raising new capital and economic growth. A significant positive relationship between trading in securities and economic growth was also revealed. The study concluded that there is a significant positive relationship between forex regulations and economic growth. This study recommends that all eligible companies should embrace the role of security markets, embrace the concept of trading in securities since it enables participating companies to access markets locally and internationally, and provide safeguards against foreign exchange risks since they have a tendency to eat away the earned profits during the conversion process from foreign currency to local currency.