Stock market liquidity and firm performance

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

This paper investigates the relation between stock liquidity and firm performance. Liquidity plays an important role on performance of firms listed in Stock Exchange. When there is a good flow of trading stocks, people could expect more financing through absorbing investors on the market.

8p kelseynguyen 26-05-2020 13 0   Download