Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 9 of 9 for “"stock market liquidity"”.
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Essays on Stock Market Liquidity and Liquidity Risk Premium
This dissertation addresses issues concerning liquidity and its volatility. It consists of two essays. The first essay, "Liquidity, Macro Factors and the U.S. Equity Flows to Emerging Markets", examines the role of liquidity on equity flows from the U.S. to fifteen emerging markets around the …
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A study of stock market liquidity from 1973 to 2015
In this thesis we analyze US stock market liquidity in the period of 1973 to 2015 from three perspectives: price impact, turnover ratio, and trading frequency. We use the Center for Research in Security Prices (CRSP) and Trade and Quotes (TAQ) databases to acquire stock data across different time …
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The Influence of Stock Market Liquidity on Dividend Changes in Europe.
… dividend change puzzle in place by analyzing how stock market liquidity influences dividend changes for a panel of European firms from 2006 to 2014. The theoretical impact of stock liquidity on dividend changes is ambiguous: it can be either substitutive or complementary. Because the results can …
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The influence of corporate disclosure on investor confidence in Thai listed companies
The thesis is a study of corporate disclosure and stock market liquidity in Thailand. It uses a two-phase exploratory design in which the results from the qualitative method phase of the study are used to inform the quantitative method phase. The qualitative phase of the study aims to gain an …
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Essays on corporate innovation
… essay investigates the effects of aggregate stock market liquidity on innovation at both the aggregate and firm levels for publicly traded firms in the U.S., and shows a significant and positive effect at both levels of aggregation. Next, the essay provides two underlying mechanisms through …
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The Determinants of Capital Market Development in Tanzania, The Case Study of Dar es Salaam Stock Exchange.
… sought to determine the determinants of capital market development in Tanzania. The empirical study was conducted using time series data for the period 1998- 2012. This study adopted quantitative approach and employed secondary data of fifteen years, Pearson correlation test was used to evaluate …
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The impact of stock market performance on economic growth in Malawi
… between the performance of the Malawi Stock Exchange (MSE) and economic growth in Malawi using quarterly data for the period 2003 to 2017. Stock market performance was measured using four indicators: the all share price index, total stock market capitalisation, stock market liquidity, …
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Different Aspects of Market Liquidity
… three chapters examining different aspects of market liquidity. The first chapter explores whether investor sentiment has the power to forecast stock market liquidity. The chapter employs the Amihud (2002) illiquidity measure as a proxy for price-impact, the bid-ask spread as a transaction cost …
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International aspects of capital allocation efficiency
… output growth relies on banking development and stock market liquidity (Levine & Zervos, 1998). However, financial liberalization and “big push” strategies for investment smother economic development amid the recovery from the 2008 global financial crisis, thus suggesting that economists may have …