Analysis of the Impact of Trading Liquidity on the Development of Investment Time Horizon on the Example of the Warsaw Stock Exchange

The importance of liquidity has been acknowledged for a long time now. Liquidity is defined as the ease with which an asset can be converted into cash. A considerable number of studies investigated stock liquidity providing evidence that more illiquid stocks yield higher returns which include an ill...

Full description

Bibliographic Details
Main Author: Agata Gniadkowska-Szymańska
Format: Article
Published: Lodz University Press 2016-12-01
Series:Acta Universitatis Lodziensis. Folia Oeconomica
Online Access: