STOCK LIQUIDITY DETERMINATION EVIDENCE FROM AMMAN STOCK EXCHANGE
Journal Title: Asian Economic and Financial Review - Year 2014, Vol 4, Issue 12
Abstract
This study aims to investigate and examine the factors affecting stocks liquidity by using data of 100 share holding companies that represent Amman Stock Exchange (ASE) index in the recent period from 2011 to 2013. The result of fixed effects regression model indicates that firm?s size and earnings per share (EPS) have a significant positive impact on stock liquidity proxies. While firm?s profitability have a significant negative impact. On the other hand, the results indicate a non significant statistical effect of stock dividends and firm?s leverage ratio. Based on the study?s results we recommend that it is better for investors and stock market authority to consider these variables in stock liquidity forecasts.
Authors and Affiliations
Khaled Lafi Alnaif*| Associate prof. Al-Balqa Applied University, Zarqa College, Jordan
CEREAL BANK AS A NECESSARY RURAL LIVELIHOOD INSTITUTE IN ARID LAND, MAKOJA VILLAGE, DODOMA-TANZANIA
In 2012, the study was carried at Makoja Village, in Semi-Arid region of Dodoma. The aim of the conducted study was to assess the importance of Cereal Bank to livelihood of farming households. A total of 80 respondents w...
UNRAVELING THE UNCERTAINTY OF THE NIGER DELTA CRISIS THROUGH TAXATION
This paper critically x-rayed the known causes, consequences and two out of the numerous solutions to the Niger Delta Crisis (NDC). The two solutions implemented by governments in Nigeria in tackling the Niger Delta Cris...
The Arabo-Mediterranean momentum strategies
This paper documents strong evidence for the robust profitability of the momentum strategies inter and intra five Arabo-Mediterranean stocks’ markets. Between 1998 and 2007 we find that the related stocks’ returns exhibi...
CORRUPTION AND POLITICAL VIEW POINT OF THE GOVERNMENTS IN TRANSITION COUNTRIES EU MEMBERS
In achieving their goals in conducting measures of their economic policy, governments of transition countries EU members, should realize the importance of suppressing the phenomenon of corruption in economy, especially i...
THE IMPACT OF DEBT STRUCTURE ON FIRM PERFORMANCE: EMPIRICAL EVIDENCE FROM NIGERIAN QUOTED FIRMS
This paper provides an empirical investigation of the impact of debt structure on the performance of Nigerian quoted firms. It was conducted using 12-year annualized panel data spanning the period 2001-2012 for cross sec...