Estimating the effect of liquidity risk on risk premia: An analysis of the Philippine equity market for the years, 1989-2012

The liquidity preference theory of market prices states that a rational investor would be willing to pay more for a more liquidity asset and would require a significant premium before opting to buy one that is less liquid. Previous studies on the effects of undiversifiable risk on the risk premium c...

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Main Authors: Go, Tiffanie O., Lee, Patrick Jan N., Lu, Arbee B., Xu, Shayne Jacqueline G.
格式: text
語言:English
出版: Animo Repository 2014
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在線閱讀:https://animorepository.dlsu.edu.ph/etd_bachelors/9022
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