Essays about: "Amihud"

Showing result 1 - 5 of 11 essays containing the word Amihud.

  1. 1. Is Illiquidity a Good Proxy for Risk? : Can illiquidity have an effect on growth firms' expected return?

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Vilma Carlberg; Christina Gyllner; [2022]
    Keywords : AILLIQ; ILLIQ; risk; return; capital asset pricing model; liquidity; illiquidity; small-cap; t-test;

    Abstract : As previous researchers have discussed the paradigm of risk and return, this study also suggests illiquidity as a good proxy for risk. An illiquid asset, thus higher risk, should generate high return. READ MORE

  3. 2. Firm Level Factors Affecting Liquidity – The Swedish Stock Market

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Jose Pagoada; Kim Jonsson; [2015]
    Keywords : Liquidity; Illiquidity; Amihud measure; Bid Ask Spread; Turnover; Liquidity Premium; LCAPM; Business and Economics;

    Abstract : Purpose: The purpose of this study is to further look at which firm-adjustable factors affect the liquidity of a firm's stock in the Swedish stock market. We also want to determine which out of these suggested factors have a significant effect on liquidity across different proxies of liquidity. READ MORE

  4. 3. How Does Stock Market Liquidity Affect the Willingness to Repurchase?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Niklas Lyttkens; Alexandra Tham; [2014]
    Keywords : Stock repurchases; Market liquidity; Corporate governance; Market microstructure; Pay-out policies;

    Abstract : In this paper we investigate what impact liquidity has on the propensity to repurchase equity. We suggest there is a negative impact of increased liquidity on management's propensity to repurchase. READ MORE

  5. 4. Macroeconomic Forces and Their Effects on the Swedish Banking Sector

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Oscar Larsson; Marcus Johansson Prakt; [2013-03-20]
    Keywords : ;

    Abstract : After the bankruptcy of Lehman Brothers in September 2008 international capital markets trembled of uncertainty and investors did not know where the markets were heading. The market turmoil also had an impact on Sweden and especially on the banking sector due to the interdependence of international financial markets. READ MORE

  6. 5. Market illiquidity and market excess return: Cross-section and time-series effects : A study of the Shanghai stock exchange

    University essay from Akademin för utbildning, kultur och kommunikation

    Author : Weitian Li; Xi Hong; [2013]
    Keywords : illiquidity; liquidity;

    Abstract : The purpose of the current paper is to explore the cross-sectional relationship between market illiquidity and market excess return on stocks traded in the Shanghai Stock Exchange(SSE)over-time; using data from monthly and yearly databases of CSMAR(China Securities Market and Accounting Research) and statistics annual Shanghai Stock Exchange from 2001.1-2012. READ MORE