Results 271 to 280 of about 194,202 (306)

Stock Market Liquidity: Indian Experience

SSRN Electronic Journal, 2011
The measurement of the market liquidity is a tricky exercise. The complexity stems from at least two factors: first, the multidimensional nature of market liquidity, and, second, its close relationship with market efficiency. To see the multidimensional nature of market liquidity, it suffices to evoke its common definition: a liquid market allows ...
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Market Stock Liquidity and Corporate Governance

SSRN Electronic Journal, 2012
In this paper, we investigate the empirical relation between corporate governance and stock market liquidity of the French firms. Based on a cross-sectional analysis, our study of the empirical relation between the corporate governance and the stock liquidity was realized on 155 French companies during 2008 and 2009.
Majdi Karmani, Aymen Ajina
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Local Equity Market Participation and Stock Liquidity

SSRN Electronic Journal, 2010
This paper investigates the relationship between local equity market participation and stock liquidity to understand how the trading by local retail investors affects stock liquidity. Given that there are striking racial differences in risky asset holdings and large cross-sectional racial variations across U.S.
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Pricing Liquidity in the Stock Market

2020
In this study, we aim to test the pricing power of market liquidity in the cross-section of US stock returns. We examine three liquidity measures: Pastor and Stambaugh (2003)’s liquidity factor, Bali et al. (2014)’s liquidity shocks, and Dreshsler, Savov, and Schanbl (2017)’s money market liquidity premium.
Ding Du, Ou Hu
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Foreign ownership and stock market liquidity

International Review of Economics & Finance, 2018
Abstract In this study we analyze how the price impact of trades and the bid-ask spread are related to foreign stock ownership using data from 20 emerging markets. We show that while the price impact of trades increases with the percentage of shares held by foreign investors, the bid-ask spread decreases with foreign ownership.
Jieun Lee, Kee H. Chung
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Investor Sentiment and Stock Market Liquidity

SSRN Electronic Journal, 2007
Recent research on liquidity has reported that aggregate liquidity in the stock market varies over time, and evidence suggests that this variation affects stock returns. Although the importance of market liquidity in asset pricing has been well documented, little is known about what causes stock market liquidity to vary over time.
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International stock market liquidity: a review

Managerial Finance, 2016
Purpose – The purpose of this paper is to review the literature on liquidity in international stock markets, highlights differences and similarities in empirical results across existing studies, and identifies areas requiring further research. Design/methodology/approach
Rui Ma, Hamish D. Anderson, Ben R. Marshall   +2 more
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Distribution characteristics of stock market liquidity

Physica A: Statistical Mechanics and its Applications, 2013
Abstract We examine the distribution characteristics of stock market liquidity by employing the generalized additive models for location, scale and shape (GAMLSS) model and three-minute frequency data from Chinese stock markets. We find that the BCPE distribution within the GAMLSS framework fits the distributions of stock market liquidity well with ...
Jiawen Luo, Langnan Chen, Hao Liu
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Stock Market Liquidity and Innovation Activity

SSRN Electronic Journal, 2013
This paper investigates the effects of aggregate stock market liquidity on innovation at both aggregate and firm levels for publicly traded firms in the U.S. I show that both effects are significantly positive. Next, I provide two underlying mechanisms through which aggregate stock liquidity enhances innovation.
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Corporate Governance and Stock Market Liquidity

Journal of Commerce and Accounting Research, 2016
Corporate governance has an impact on both quantity and quality of corporate information disclosure which affects the level of information asymmetry and thus impacts the changes in market liquidity of stock. This article attempts to discern the relationship between corporate governance and the stock market liquidity of Indian manufacturing companies ...
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