Sökning: "Amihud"

Visar resultat 1 - 5 av 12 uppsatser innehållade ordet Amihud.

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

    Kandidat-uppsats, Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

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

    Sammanfattning : 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. LÄS MER

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

    Master-uppsats, Lunds universitet/Nationalekonomiska institutionen

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

    Sammanfattning : 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. LÄS MER

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

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

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

    Sammanfattning : 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. LÄS MER

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

    Kandidat-uppsats, Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Författare :Oscar Larsson; Marcus Johansson Prakt; [2013-03-20]
    Nyckelord :;

    Sammanfattning : 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. LÄS MER

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

    Master-uppsats, Akademin för utbildning, kultur och kommunikation

    Författare :Weitian Li; Xi Hong; [2013]
    Nyckelord :illiquidity; liquidity;

    Sammanfattning : 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. LÄS MER