How to Measure Illiquidity on European Emerging Stock Markets?

Background: Liquidity is, in practice of portfolio investment, an important attribute of stocks and measuring illiquidity presents a real challenge for researchers, primarily on developed stock markets. Moreover, there is a lack of research dealing with (il)liquidity on emerging markets. In the pape...

Full description

Bibliographic Details
Main Authors: Vidović Jelena, Poklepović Tea, Aljinović Zdravka
Format: Article
Language:English
Published: Sciendo 2014-09-01
Series:Business Systems Research
Subjects:
Online Access:https://doi.org/10.2478/bsrj-2014-0020