The Relationship between Bid-Ask Spreads, Holding Periods andExpected Returns：Evidence from Taiwan Stock Exchange and Over-The-Counter Securities Exchange
碩士 === 國立高雄第一科技大學 === 金融營運所 === 90 === ABSTRACT Transaction costs substantially affect investors'' investment decisions, and the bid-ask spread is an important element of investors'' transaction costs. Amuid and Mendelson (1986) (hereafter A&M) propose a theoretical basis fo...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2002
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/82131835454090039666 |