Determinant Factors of Market Liquidity in the Indonesian Equity Market
Muktiyanto, Ihda (2015) Determinant Factors of Market Liquidity in the Indonesian Equity Market. Other Degree thesis, Victoria University.
Abstract
Liquidity refers to the ability of a financial market to trade large volumes of assets quickly at low cost, and it covers a wide range of market dimensions including size, time and cost. Prior studies have found that liquidity is one of the most significant of an efficient financial market and that it affects costs of equity, returns and valuations, market stability, and economic growth. Although studies and discussions on various aspects and dimensions of liquidity have been well documented, the sources of liquidity variation vary greatly across markets. The main research question of this thesis is: What are the determinant factors of liquidity at market and at firm levels in Indonesia?
Additional Information | Doctor of Business Administration |
Item type | Thesis (Other Degree thesis) |
URI | https://vuir.vu.edu.au/id/eprint/29790 |
Subjects | Historical > FOR Classification > 1402 Applied Economics Historical > Faculty/School/Research Centre/Department > College of Business |
Keywords | stock exchanges, finance, market-wide liquidity, individual stock liquidity, stocks, shares, Indonesia |
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