The Determinants of Liquidity of Shares aMultidimensional Approach Evidence of Casablanca Stock Exchange

Journal Title: International Journal of Business and Management Invention - Year 2018, Vol 7, Issue 2

Abstract

The purpose of this article is to investigate whether or not there is a common for all the shares and stocks, which are listed on the Casablanca Stock Exchange (C.S.E) in Morocco; if so, what are the determinants of this common liquidity? The research attempts to find evidence for the existence of a systematic liquidity by mining the monthly data of 72 stocks listed on the C.S.E from January 2007 to December 2016 through regressing the individual liquidity of each, according to the average liquidity of the market. Then, based on the different econometric models, we arrive at robust results, which show the tightness, the depth and the resilience of the stocks that are influenced by the economic situation, the monetary and budgetary policy and by the financial environment.

Authors and Affiliations

Mohamed Ben Houad, Youssef Oubouali

Keywords

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  • EP ID EP399898
  • DOI -
  • Views 127
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How To Cite

Mohamed Ben Houad, Youssef Oubouali (2018). The Determinants of Liquidity of Shares aMultidimensional Approach Evidence of Casablanca Stock Exchange. International Journal of Business and Management Invention, 7(2), 73-80. https://europub.co.uk/articles/-A-399898