Illiquidity premium in asset returns : an empirical analysis of various liquidity measures to determine the best measure of liquidity on the Johannesburg Stock Exchange
The choice of a liquidity measure drives the performance of a liquidity-based investment style (Moreira De Sousa, 2015). Various measures of liquidity exist, however, not all measures are applicable in every market. Through an empirical analysis of the various measures of liquidity, the best measure...
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University of Pretoria
2018
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| Online Access: | http://hdl.handle.net/2263/64870 Mabuza, E 2017, Illiquidity premium in asset returns : an empirical analysis of various liquidity measures to determine the best measure of liquidity on the Johannesburg Stock Exchange, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/64870> |
Internet
http://hdl.handle.net/2263/64870Mabuza, E 2017, Illiquidity premium in asset returns : an empirical analysis of various liquidity measures to determine the best measure of liquidity on the Johannesburg Stock Exchange, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/64870>