Stock liquidity

This research aims to evaluate the impact of CW issuance on the price and liquidity (measured by trading volume and bid-ask spread) of underlying stocks on the Vietnamese stock market. The study employs the event study methodology and Wilcoxon test to examine whether abnormal returns, trading volume, and bid-ask spreads change after CW issuance.

14p viwalton 02-07-2024 3 1   Download

This research delves into the assessment of Capital Adequacy Ratio (CAR) among Joint-Stock Commercial Banks (JSCBs) in Vietnam from 2015 to 2022. It investigates the variations in CAR over this period and explores its association with key financial metrics, including Return on Assets (ROA), Deposit Ratio (DEP), Liquidity (LIQ), Loan-to-Asset Ratio (LOA), Loan Loss Reserve (LLR), Non-Performing Loan Ratio (NPL), Leverage (LEV), bank size (SIZE), and the scale of board governance (BoardS).

9p leminhvu111 07-06-2024 2 0   Download

This paper uses the discriminant analysis method to build a discriminant function with measurments of liquidity on different aspects including traditional liquidity ratios, cash conversion cycle and operating cash flow ratios to measure and assess a company’s corporate liquidity. At the same time, through the discriminant function to determining the value of liquidity score (LS) to classifying companies with good liquidity and companies with poor liquidity.

12p leminhvu111 07-06-2024 3 0   Download

The purpose of this study is to evaluate the factors affecting the operational efficiency of publicly listed manufacturing companies on the Vietnamese stock market during the period 2010-2022. With panel data of 1690 observations, the results indicate that the profitability ratio has been influenced by five factors. The most influential factors that positively affecting ROA must include Cashflow (coef = 0.947), while the other factors show statistical significance, but their coefficients suggest a relatively weak impact (debt, size, liquid, leverage).

12p leminhvu111 07-06-2024 0 0   Download

The main objective of this study is to examine the effect of intellectual capital, debt policy, company size, supply chain and liquidity on earnings per share and dividends per share as intervening variables in companies registered in the LQ 45 stock market index that consists of 45 companies for the 2014-2016 period in Indonesia. Using a purposive sampling method obtained data (panels) of 60 observation data from 20 companies.

7p longtimenosee09 08-04-2024 3 1   Download

The study investigates the relationship between liquidity and returns on a stock exchange in a frontier market. The paper applies three asset pricing models, including Capital Asset Pricing Model (CAPM), the Fama-French three-factor model, liquidity-augmented three-factor model. To measure the liquidity in the study, five measures: quoted spread, trading volume, trading value, Amihud measure, and turnover ratio were applied.

16p viberkshire 09-08-2023 6 5   Download

The study aims to identify the capital structure determinants of the listed construction firms in Vietnam. The determinants of capital structure are factors affecting firm financial leverage, including firm profitability, size, growth rate, fixed assets, liquidity, interest coverage and state ownership. The study is based on a data of 74 listed construction firms in the Hanoi and Ho Chi Minh Stock Exchange over the period 2014-2018. It is found that listed construction firms in Vietnam have high level of financial leverage and mainly rely on short-term debts.

15p nhanchienthien 25-07-2023 8 5   Download

This paper makes two major contributions. Firstly, it adds to the literature on the role of foreign investors for the stability of the stock market through its impact on stock market volatility and liquidity in Vietnam. As a result, and secondly, this is a useful reference for policy makers to help them make appropriate policy amendments that ensure the stability of the Vietnamese stock market.

10p viwolverine 11-07-2023 8 5   Download

This study investigates the impact of policy uncertainty on stock liquidity in Vietnam’s M&A market. Using a comprehensive sample of M&A acquisition deals over the 2005- 2020 period, we find that policy uncertainty is negatively associated with stock liquidity of target firms, indicating that firms should increase their information disclosure to improve the information environment during periods of increased asymmetric information due to policy uncertainty.

5p viwarmachine 01-07-2023 4 3   Download

Money and Banking: Lecture 18 provides students with content about: bonds and liquidity premium theory; stocks and essential characteristics, process; measuring level of a stock market; valuing stocks;... Please refer to the lesson for details!

25p hanlamcoman 26-11-2022 16 4   Download

Chapter 8 - Stocks and sauces. After reading this chapter, you should be able to: Prepare basic mirepoix; flavor liquids using a sachet or spice bag; prepare white veal or beef stocks, chicken stock, fish stock, and brown stock; cool and store stocks correctly, prepare meat, chicken, and fish glazes;...

31p runordie9 27-09-2022 34 4   Download

Lecture Money, Banking & Finance (2) - Lecture 4: The Theory and Practice of Equity Trading. Learning objectives of this chapter include: Examine the process by which investment decisions are translated into the action of buying or selling shares; understand how a trading environment operates and how the players interact; appreciate how the actions of traders influence the market; examine the Trader-Ex software for training of stock-market traders.

33p runordie1 10-05-2022 15 2   Download

In this study, the system generalised method of moment (Sys-GMM) was used to investigate the debt maturity structure of real-estate companies listed on Ho Chi Minh Stock Exchange (HOSE) in the period from 2008 to 20019. The decision on debt maturity structure was found to be influenced by firm size, liquidity and tangible asset.

14p visherylsandberg 18-05-2022 8 1   Download

This study investigates factors associated with the capital structure of pharmaceutical companies listed on Vietnam stock exchanges using secondary data from financial statements, annual reports, and management reports published from 2010 to 2019. We focus on firm characteristics (profitability, growth opportunity, tangible assets, liquidity, firm size and firm age) and corporate governance (pluralist executives). We find that profitability, tangible assets, and liquidity have negative correlations with debt ratio.

10p alucardhellsing 04-05-2022 16 1   Download

This study examines the effect of monetary policy on the liquidity of the Vietnamese stock market between November 2014 and November 2017 with a sample of 50 companies in the above period. Three liquidity measures including Amihud, Turnover and Zeros are used to measure the liquidity of the market.

11p vihassoplattner 07-01-2022 21 3   Download

The paper aims at investigating the effect of the micro factors on the liquidity of listed stocks on the Ho Chi Minh Stock Exchange. The data of 182 listed companies on the Ho Chi Minh Stock Exchange (HOSE) were used to for this study which covers a period of 5 years from the first quarter of 2011 to the third quarter of 2017. The result shows that company size, market to book value, earning per share and financial leverage have insignificant relation with the liquidity of stocks.

10p vihassoplattner 07-01-2022 32 3   Download

The use of microalgae biomass is an alternative solution to the problem of environmental pollution due to heavy metals, one of which is Cr metal in leather tanning liquid waste. However, the ability of biomass to adsorb heavy metals has limitations. Therefore, the algal biomass is immobilized with silica gel in order to obtain a stable structure. This research aims to study the absorption efficiency of Cr (VI) metal by the biomass of Spirulina sp. which is immobilized with silica gel from the tannery liquid waste.

11p langthannam 29-12-2021 6 0   Download

Stock return can be one of the representations of a company’s performance in investment. This study aims at investigating the factors determining the stock return of the largest users of energy production of oil, gas and coal classified in the manufacturing companies at Indonesia’s Stock Exchange for the period of 2016-2018. It involved 134 companies classifies as the largest users of energy production of oil, gas and coal classified as the manufacturing entries in IDX that were used as the target of the population and all were selected for the sample of this study.

5p caygaocaolon11 18-04-2021 18 3   Download

This paper explores the relationship between the liquidity and firm value and how this relationship differs across different institutional and information environments. Using a sample of firms from 14 emerging markets for the period from 2005 to 2014, I demonstrate that the liquidity of stock is positively correlated with firm value.

13p vigeorgia2711 03-12-2020 7 0   Download

The paper presents a discussion of stock market liquidity in a frontier market after the financial crisis. The paper defines dimensions of stock market liquidity and indicates possible liquidity measures which could be applied to analyze liquidity on a stock exchange in Vietnam. The empirical result shows the aggregate liquidity, which captures various dimensions of liquidity through eight liquidity measures based on a daily basis during the period from 2011 to 2018.

8p nguyentanloc09 17-10-2020 19 0   Download