The relationship between the excess return and illiquidity in Taiwan Stock Market
碩士 === 國立中興大學 === 財務金融學系所 === 103 === Liquidity of stocks is usually refers to how quickly a given block security can be traded in the market at low cost with little price impact.Traditional asset pricing models often ignore the illiquidity effect by assuming that stock returns can be explained by t...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2015
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| Online Access: | http://ndltd.ncl.edu.tw/handle/86165951117509648294 |