THE ROLE OF LIQUIDITY AND ITS MULTIPLE DIMENSIONS IN STOCK RETURNS: A STUDY WITH PANEL DATA OF THE BRAZILIAN MARKET
Considering that the liquidity is a multidimensional measure, this study aims to evaluate the role of the said liquidity, using different measures and verifying if its use influences the results. The paper analyzes the influence of liquidity in stock returns in the Brazilian’s financial market, usin...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universidade Federal do Ceará
2015-06-01
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| Series: | Contextus |
| Subjects: | |
| Online Access: | http://www.periodicos.ufc.br/contextus/article/view/32236 |