We review the theories on how liquidity affects the required returns of capital assets and the
empirical studies that test these theories. The theory predicts that both the level of liquidity …

This study investigates the impacts of intellectual capital on the liquidity of assets and stocks
and the bankruptcy likelihood. Multivariate regression models with combined data used to …

In this paper, we investigate the relationship between liquidity and stock returns in the
Vietnam stock market during the global financial crisis. Vietnam is one of a new group of …

This study investigates the relationship between stock liquidity and firm innovation for
publicly traded growing small and medium-sized enterprises (SMEs) in China using both …

Market liquidity ensures the marketability of security and is an indispensable feature of stock
markets. Previous studies have emphasized the role of stock market liquidity in empirical …

This paper is an empirical study of the intraday liquidity patterns on the National Stock
Exchange (NSE) of India. Using trade and quotes data on stocks contained in the NIFTY …

This study explores the relationship between corporate governance and stock liquidity of
Chinese small and medium-sized enterprises (SMEs). Our findings reveal a nonlinear (U …

The main contribution of this paper is to identify the strong predictive power of the relative,
rather than the absolute, volume of orders over volatility. To this end, we propose a new …

This study investigates an important question in the literature of whether there is a return
premium for stocks with low liquidity and high liquidity risk. Using a sample of listed stocks in …

The main objective of this study was to determine whether stock market liquidity has an
effect on stock returns of companies listed at the Nairobi Securities Exchange from 2012 …