Business, Finance & Law      Management

STOCK MARKET LIQUIDITY AND VALUE OF THE FIRM - A STUDY ON INDIAN STOCK: LIQUIDITY AND FIRM VALUE

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Book Details
Language
English
Publishers
LAP LAMBERT Academic Publishing (1 April 2024)
Weight
0.26 KG
Publication Date
01/04/2024
ISBN-10
6207477251
Pages
168 pages
ISBN-13
9786207477258
Dimensions
15 x 0.97 x 22 cm
SKU
9786207477258
Author Name
SHUBHA RANJAN DUTTA (Author)
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This thesis is about getting a relationship between stock market liquidity and firm value, where capital structure has been used as a mediating factor. This study departs from the cliché of traditional stock liquidity (illiquidity)-firm value linkage and presents for the very first time the mediating role of capital structure on illiquidity-firm value linkage in India.

In addition to this, our study identifies the influence of information asymmetry, idiosyncratic risk, systematic risk, and investor sentiment on the illiquidity of stock under one roof in the Indian context. Furthermore, this study shows new evidence from an emerging country, India, for the first time.

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