subject:(Liquidity)

Università della Svizzera italiana

1. Borghi, Matteo. Essays on credit risk.

Degree: 2013, Università della Svizzera italiana

► The work investigates two major topics: the presence of a systematic and an idiosyncratic component in CDS spreads and the credit spread puzzle. We verify… (more)

Subjects/Keywords: Liquidity

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Borghi, M. (2013). Essays on credit risk. (Thesis). Università della Svizzera italiana. Retrieved from http://doc.rero.ch/record/32732

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Borghi, Matteo. “Essays on credit risk.” 2013. Thesis, Università della Svizzera italiana. Accessed March 09, 2021. http://doc.rero.ch/record/32732.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Borghi, Matteo. “Essays on credit risk.” 2013. Web. 09 Mar 2021.

Vancouver:

Borghi M. Essays on credit risk. [Internet] [Thesis]. Università della Svizzera italiana; 2013. [cited 2021 Mar 09]. Available from: http://doc.rero.ch/record/32732.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Borghi M. Essays on credit risk. [Thesis]. Università della Svizzera italiana; 2013. Available from: http://doc.rero.ch/record/32732

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Addis Ababa University

2. Workneh, Yirdaw. The Impact of Liquidity on Performance:Empirical study on Ethiopian Private Commercial Banks .

Degree: 2015, Addis Ababa University

URL: http://etd.aau.edu.et/dspace/handle/123456789/6870

► Recent financial shocks have generated a lot of debates over the issue of liquidity risk and strategies to mitigate its effects on financial institutions, particularly… (more)

▼ Recent financial shocks have generated a lot of debates over the issue of liquidity risk and strategies to mitigate its effects on financial institutions, particularly banks as majors’ players in the funding liquidity markets. The purpose of this study is to investigate the impact of liquidity on performance of banks in Ethiopia by using data of eight private commercial banks from year 2009/10 to 2013/14. The study used quantitative research approach and secondary financial data which is analyzed by using multilevel linear regressions models for the three bank performance measures; Return on Asset (ROA), Return on Equity (ROE), and Net Interest Margin (NIM). The random effect multilevel regression model was applied to investigate the impact of liquidity measures; loan to deposit ratio (LDR), loan to asset ratio(LAR), and liquid asset to deposit ratio(LADR) on major bank performance measures i.e., (ROA), (ROE), and (NIM) separately. Eight private banks are randomly selected and considered in the sample out of sixteen private banks representing 50% in number. The study used trend analysis using graphs for each of the variables in the study to observe the trend on them throughout the observation period. The empirical results show that the performance (profitability) measure, NIM, has significant relationship with liquidity measures of LDR, LAR and LADR. The other performance measure, ROE has positive and significant relationship with LADR; but ROA has positive and significant relationship with LADR. Hence, the impact of liquidity on financial performance of private commercial banks in Ethiopia is both positively & negatively related and the significant relationship varies from measure to measure. Finally, there has to be further research apart from bank specific measures considered in this study on the relationship between liquidity and performance of private commercial banks in Ethiopia by incorporating regulatory factors and other bank specific and macroeconomic factors. Further research is recommended on how to achieve the optimal liquidity level in commercial banks. Advisors/Committee Members: Yitbarek Takele (PhD) (advisor).

Subjects/Keywords: Liquidity; Liquidity Risk; Private Banks

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Workneh, Y. (2015). The Impact of Liquidity on Performance:Empirical study on Ethiopian Private Commercial Banks . (Thesis). Addis Ababa University. Retrieved from http://etd.aau.edu.et/dspace/handle/123456789/6870

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Workneh, Yirdaw. “The Impact of Liquidity on Performance:Empirical study on Ethiopian Private Commercial Banks .” 2015. Thesis, Addis Ababa University. Accessed March 09, 2021. http://etd.aau.edu.et/dspace/handle/123456789/6870.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Workneh, Yirdaw. “The Impact of Liquidity on Performance:Empirical study on Ethiopian Private Commercial Banks .” 2015. Web. 09 Mar 2021.

Vancouver:

Workneh Y. The Impact of Liquidity on Performance:Empirical study on Ethiopian Private Commercial Banks . [Internet] [Thesis]. Addis Ababa University; 2015. [cited 2021 Mar 09]. Available from: http://etd.aau.edu.et/dspace/handle/123456789/6870.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Workneh Y. The Impact of Liquidity on Performance:Empirical study on Ethiopian Private Commercial Banks . [Thesis]. Addis Ababa University; 2015. Available from: http://etd.aau.edu.et/dspace/handle/123456789/6870

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Nairobi

3. Kimutai, Pius K. The effect of liquidity on dividend payout by companies listed at the Nairobi securities exchange .

Degree: 2012, University of Nairobi

URL: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/13742

► Liquidity management is a critical component in every organization. It refers to a firm being able to meet its current obligations on business as and… (more)

Subjects/Keywords: Liquidity management

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Kimutai, P. K. (2012). The effect of liquidity on dividend payout by companies listed at the Nairobi securities exchange . (Thesis). University of Nairobi. Retrieved from http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/13742

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Kimutai, Pius K. “The effect of liquidity on dividend payout by companies listed at the Nairobi securities exchange .” 2012. Thesis, University of Nairobi. Accessed March 09, 2021. http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/13742.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Kimutai, Pius K. “The effect of liquidity on dividend payout by companies listed at the Nairobi securities exchange .” 2012. Web. 09 Mar 2021.

Vancouver:

Kimutai PK. The effect of liquidity on dividend payout by companies listed at the Nairobi securities exchange . [Internet] [Thesis]. University of Nairobi; 2012. [cited 2021 Mar 09]. Available from: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/13742.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Kimutai PK. The effect of liquidity on dividend payout by companies listed at the Nairobi securities exchange . [Thesis]. University of Nairobi; 2012. Available from: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/13742

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Nairobi

4. Majakusi, Joshua. Effect of Liquidity Management on the Financial Performance of Commercial Banks in Kenya .

Degree: 2016, University of Nairobi

URL: http://hdl.handle.net/11295/99496

► This study determined the effects of liquidity management on the performance of commercial banks. The study applied a descriptive research design. The sample period was… (more)

Subjects/Keywords: Liquidity Management

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Majakusi, J. (2016). Effect of Liquidity Management on the Financial Performance of Commercial Banks in Kenya . (Thesis). University of Nairobi. Retrieved from http://hdl.handle.net/11295/99496

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Majakusi, Joshua. “Effect of Liquidity Management on the Financial Performance of Commercial Banks in Kenya .” 2016. Thesis, University of Nairobi. Accessed March 09, 2021. http://hdl.handle.net/11295/99496.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Majakusi, Joshua. “Effect of Liquidity Management on the Financial Performance of Commercial Banks in Kenya .” 2016. Web. 09 Mar 2021.

Vancouver:

Majakusi J. Effect of Liquidity Management on the Financial Performance of Commercial Banks in Kenya . [Internet] [Thesis]. University of Nairobi; 2016. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/11295/99496.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Majakusi J. Effect of Liquidity Management on the Financial Performance of Commercial Banks in Kenya . [Thesis]. University of Nairobi; 2016. Available from: http://hdl.handle.net/11295/99496

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Debrecen

5. Alibrahim, Hussain. Escaping The Liquidity Trap, Methods and Policies .

Degree: DE – TEK – Közgazdaság- és Gazdaségtudományi Kar, 2012, University of Debrecen

URL: http://hdl.handle.net/2437/125614

The thesis is about what can the policy makers do when the economy is stuck in a liquidity trap. You will see how the situation was in Japan in the 90's and the situation in 2012 in the US. Advisors/Committee Members: Czeglédi, Pál (advisor).

Subjects/Keywords: Liquidity; Trap

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Alibrahim, H. (2012). Escaping The Liquidity Trap, Methods and Policies . (Thesis). University of Debrecen. Retrieved from http://hdl.handle.net/2437/125614

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Alibrahim, Hussain. “Escaping The Liquidity Trap, Methods and Policies .” 2012. Thesis, University of Debrecen. Accessed March 09, 2021. http://hdl.handle.net/2437/125614.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Alibrahim, Hussain. “Escaping The Liquidity Trap, Methods and Policies .” 2012. Web. 09 Mar 2021.

Vancouver:

Alibrahim H. Escaping The Liquidity Trap, Methods and Policies . [Internet] [Thesis]. University of Debrecen; 2012. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/2437/125614.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Alibrahim H. Escaping The Liquidity Trap, Methods and Policies . [Thesis]. University of Debrecen; 2012. Available from: http://hdl.handle.net/2437/125614

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

6. Li, Weitian. Market illiquidity and market excess return: Cross-section and time-series effects : A study of the Shanghai stock exchange.

Degree: Culture and Communication, 2013, Mälardalen University

URL: http://urn.kb.se/resolve?urn=urn:nbn:se:mdh:diva-24614

► The purpose of the current paper is to explore the cross-sectional relationship between market illiquidity and market excess return on stocks traded in the… (more)

Subjects/Keywords: illiquidity; liquidity

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Li, W. (2013). Market illiquidity and market excess return: Cross-section and time-series effects : A study of the Shanghai stock exchange. (Thesis). Mälardalen University. Retrieved from http://urn.kb.se/resolve?urn=urn:nbn:se:mdh:diva-24614

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Li, Weitian. “Market illiquidity and market excess return: Cross-section and time-series effects : A study of the Shanghai stock exchange.” 2013. Thesis, Mälardalen University. Accessed March 09, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:mdh:diva-24614.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Li, Weitian. “Market illiquidity and market excess return: Cross-section and time-series effects : A study of the Shanghai stock exchange.” 2013. Web. 09 Mar 2021.

Vancouver:

Li W. Market illiquidity and market excess return: Cross-section and time-series effects : A study of the Shanghai stock exchange. [Internet] [Thesis]. Mälardalen University; 2013. [cited 2021 Mar 09]. Available from: http://urn.kb.se/resolve?urn=urn:nbn:se:mdh:diva-24614.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Li W. Market illiquidity and market excess return: Cross-section and time-series effects : A study of the Shanghai stock exchange. [Thesis]. Mälardalen University; 2013. Available from: http://urn.kb.se/resolve?urn=urn:nbn:se:mdh:diva-24614

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of New South Wales

7. Wee, Claudia Koon Ghee. Liquidity commonality around the world.

Degree: Banking & Finance, 2012, University of New South Wales

URL: http://handle.unsw.edu.au/1959.4/51689 ; https://unsworks.unsw.edu.au/fapi/datastream/unsworks:10356/SOURCE02?view=true

► This dissertation presents four stand-alone but interrelated research projects relating to market liquidity commonality. This dissertation answers four main research questions, being (i) whether and… (more)

▼ This dissertation presents four stand-alone but interrelated research projects relating to market liquidity commonality. This dissertation answers four main research questions, being (i) whether and how liquidity commonality is a global phenomenon; (ii) what are the supply- and demand-side determinants of liquidity commonality, at the market- and firm-levels; (iii) is liquidity commonality priced; and (iv) what effect does international cross-listing have on liquidity commonality. The recent Global Financial Crisis has highlighted the importance of market liquidity. This dissertation is the first study to empirically test liquidity commonality around the world using new methodology and applying extensive datasets from 39 markets at both country- and firm-levels over a period of 12 years from 1996 to 2007. This study confirms that liquidity commonality is a global phenomenon. Liquidity commonality varies with market development and financial market integration, where commonality is more prominent in emerging markets and less prominent in developed markets, particularly within the eurozone markets which have a higher level of financial market integration. This study shows that liquidity commonality has common market- and firm-level supply-side and demand-side determinants, and that commonality is higher when there are worse economic and financial environments, high market and firm returns, inadequate investor protection, and an opaque information environment. The findings show that liquidity commonality is priced in developed markets, including in the EU, eurozone and US markets, but not priced in emerging markets. This study finds that liquidity commonality is priced higher in illiquid or volatile markets. This study also finds that post cross-listing, liquidity commonality decreases between stocks and their home markets, and increases between stocks and their host markets. Advisors/Committee Members: Moshirian, Fariborz, Banking & Finance, Australian School of Business, UNSW, Zhang, Bohui, Banking & Finance, Australian School of Business, UNSW.

Subjects/Keywords: Liquidity commonality

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Wee, C. K. G. (2012). Liquidity commonality around the world. (Doctoral Dissertation). University of New South Wales. Retrieved from http://handle.unsw.edu.au/1959.4/51689 ; https://unsworks.unsw.edu.au/fapi/datastream/unsworks:10356/SOURCE02?view=true

Chicago Manual of Style (16^th Edition):

Wee, Claudia Koon Ghee. “Liquidity commonality around the world.” 2012. Doctoral Dissertation, University of New South Wales. Accessed March 09, 2021. http://handle.unsw.edu.au/1959.4/51689 ; https://unsworks.unsw.edu.au/fapi/datastream/unsworks:10356/SOURCE02?view=true.

MLA Handbook (7^th Edition):

Wee, Claudia Koon Ghee. “Liquidity commonality around the world.” 2012. Web. 09 Mar 2021.

Vancouver:

Wee CKG. Liquidity commonality around the world. [Internet] [Doctoral dissertation]. University of New South Wales; 2012. [cited 2021 Mar 09]. Available from: http://handle.unsw.edu.au/1959.4/51689 ; https://unsworks.unsw.edu.au/fapi/datastream/unsworks:10356/SOURCE02?view=true.

Council of Science Editors:

Wee CKG. Liquidity commonality around the world. [Doctoral Dissertation]. University of New South Wales; 2012. Available from: http://handle.unsw.edu.au/1959.4/51689 ; https://unsworks.unsw.edu.au/fapi/datastream/unsworks:10356/SOURCE02?view=true

University of South Africa

8. Marozva, Godfrey. An empirical study of liquidity risk embedded in banks' asset liability mismatches .

Degree: 2017, University of South Africa

URL: http://hdl.handle.net/10500/23292

► The correct measure and definition of liquidity in finance literature remains an unresolved empirical issue. The main objective of the present study was to develop,… (more)

Subjects/Keywords: Liquidity mismatch index; Liquidity risk; Bank liquidity; Measures of liquidity; Global financial crisis; Systemic risk; Market liquidity; Funding liquidity

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Marozva, G. (2017). An empirical study of liquidity risk embedded in banks' asset liability mismatches . (Doctoral Dissertation). University of South Africa. Retrieved from http://hdl.handle.net/10500/23292

Chicago Manual of Style (16^th Edition):

Marozva, Godfrey. “An empirical study of liquidity risk embedded in banks' asset liability mismatches .” 2017. Doctoral Dissertation, University of South Africa. Accessed March 09, 2021. http://hdl.handle.net/10500/23292.

MLA Handbook (7^th Edition):

Marozva, Godfrey. “An empirical study of liquidity risk embedded in banks' asset liability mismatches .” 2017. Web. 09 Mar 2021.

Vancouver:

Marozva G. An empirical study of liquidity risk embedded in banks' asset liability mismatches . [Internet] [Doctoral dissertation]. University of South Africa; 2017. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/10500/23292.

Council of Science Editors:

Marozva G. An empirical study of liquidity risk embedded in banks' asset liability mismatches . [Doctoral Dissertation]. University of South Africa; 2017. Available from: http://hdl.handle.net/10500/23292

University of Sydney

9. BARADARANNIA, Mohammadreza. Liquidity And Expected Stock Returns .

Degree: 2013, University of Sydney

URL: http://hdl.handle.net/2123/9367

► Liquidity is among the primary attributes of many investment plans and financial instruments. In the Financial Services industry, portfolio managers tailor portfolios to fit their… (more)

▼ Liquidity is among the primary attributes of many investment plans and financial instruments. In the Financial Services industry, portfolio managers tailor portfolios to fit their clients’ investment horizons and liquidity objectives and consider illiquidity costs in managing their portfolios. The impact of illiquidity on expected stock returns has been the centre of many studies over the past decade. This thesis employs a low-frequency proxy for the effective spreads, recently developed by Holden (2009) and examines three research problems in liquidity-equity pricing. In research problem 1, I re-examine the liquidity effect on expected stock returns in the NYSE over the period 1926–2008, the pre-1963 period, for which there is a lack of research, and the post-1963 period. The results from the entire sample of 1926–2008 show that expected returns increase with the stock level illiquidity. However, illiquidity level has explanatory power in the cross-sectional variation of expected stock returns only over the post-1963 period, and is, both economically and statistically, insignificant for the whole sample and the pre-1963 period. These findings are robust after taking into account various characteristics and risk controls. On the other hand, evidence from the pre-1963 sample suggests that the systematic market liquidity risk is significant in association with cross-sectional expected stock returns. Nevertheless, the most accurate evidence is provided over the entire sample. The analysis over the whole period of 1926–2008 shows that the systematic liquidity risk plays a significant role in the cross-sectional variation of expected stock returns. In research problem 2, I investigate whether the effect of liquidity on equity returns can be attributed to the liquidity level, as a stock characteristic, or a market-wide systematic liquidity risk. I develop a CAPM liquidity-augmented risk model and test the characteristic hypothesis against the systematic risk hypothesis for the liquidity effect. I find that the two-factor systematic risk model explains the liquidity premium. The hypothesis that the liquidity characteristic is compensated irrespective of liquidity risk loadings is not supported in the data. This result is robust over 1930–2008 data and subsamples of pre-1963 and post-1963 data both in the time-series and the cross-sectional analysis. The results demonstrate that the liquidity augmented CAPM approach is the correct way to incorporate the liquidity risk. In research problem 3, I explore liquidity costs as the explanation for the idiosyncratic volatility premium documented in the literature. Liquidity costs may affect the estimation of idiosyncratic volatility through the microstructure-induced noise in closing equity returns. I eliminate the microstructure influences from the returns and re-estimate the idiosyncratic volatility. I show that liquidity can explain the pricing ability of idiosyncratic volatility reported in the literature for value-weighted portfolios after controlling for the three…

Subjects/Keywords: Liquidity; Stock Returns; Liquidity equity pricing

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

BARADARANNIA, M. (2013). Liquidity And Expected Stock Returns . (Thesis). University of Sydney. Retrieved from http://hdl.handle.net/2123/9367

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

BARADARANNIA, Mohammadreza. “Liquidity And Expected Stock Returns .” 2013. Thesis, University of Sydney. Accessed March 09, 2021. http://hdl.handle.net/2123/9367.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

BARADARANNIA, Mohammadreza. “Liquidity And Expected Stock Returns .” 2013. Web. 09 Mar 2021.

Vancouver:

BARADARANNIA M. Liquidity And Expected Stock Returns . [Internet] [Thesis]. University of Sydney; 2013. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/2123/9367.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

BARADARANNIA M. Liquidity And Expected Stock Returns . [Thesis]. University of Sydney; 2013. Available from: http://hdl.handle.net/2123/9367

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Addis Ababa University

10. Berhanu, Berihun. Determinants of Banks Liquidity and their Impact onProfitability: Evidenced from eight commercial banks in Ethiopia .

Degree: 2015, Addis Ababa University

URL: http://etd.aau.edu.et/dspace/handle/123456789/6863

► Liquidity is increasingly important in the face of high funding costs. The main objective of this paper was to study and identify the main determinates… (more)

▼ Liquidity is increasingly important in the face of high funding costs. The main objective of this paper was to study and identify the main determinates of Ethiopian commercial banks liquidity and its impact on profitability. In order to achieve the objective a secondary sources of data were collected from eight commercial banks in the sample covering the period from 2002/03 to 2013/14 and analyzed themwith panel data regression analysis. The results of regression analysis showed that Bank size and Loan growth had negative and statistically significant impact on banks liquidity measured by Liquide asset to total Asset. Real growth rate of gross domestic product on the basis price level, Interest rate on lending ,Non-performing loans in the total volume of loans, Bank size, Actual reserve ration and short term interest rate had positive and statistically. Among the statistically significant factors affecting banks liquidity bank size had positive and statistically significant impact on Profitability whereas, growthrate of gross domestic product on the basis price level, Actual reserve rate and Non-performing loans in the total volume of loans had negative impact on profitability. Therefore, the impact of bank liquidity on commercial bank profitability was non-linear. Bank size, and Adjusting the liquidity position with better strategy for managing credit risk (NPL) has positive impact on profitability. Also, the study suggest that commercial banks in Ethiopia should encouraged to conduct research on liquidity issues faced by banks, identify their optimal level of liquid asset holdings by weighting the marginal costs and marginal benefits of holding. Since, commercial banks do not respond to the dynamics of economic growth which can be taken as an indication of ineffective competition and efficiency in the Banking sector, NBE should come out with strict rules and regulations for control mechanism of firm specific and macroeconomic factors.

Subjects/Keywords: bank’s liquidity; profitability

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Berhanu, B. (2015). Determinants of Banks Liquidity and their Impact onProfitability: Evidenced from eight commercial banks in Ethiopia . (Thesis). Addis Ababa University. Retrieved from http://etd.aau.edu.et/dspace/handle/123456789/6863

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Berhanu, Berihun. “Determinants of Banks Liquidity and their Impact onProfitability: Evidenced from eight commercial banks in Ethiopia .” 2015. Thesis, Addis Ababa University. Accessed March 09, 2021. http://etd.aau.edu.et/dspace/handle/123456789/6863.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Berhanu, Berihun. “Determinants of Banks Liquidity and their Impact onProfitability: Evidenced from eight commercial banks in Ethiopia .” 2015. Web. 09 Mar 2021.

Vancouver:

Berhanu B. Determinants of Banks Liquidity and their Impact onProfitability: Evidenced from eight commercial banks in Ethiopia . [Internet] [Thesis]. Addis Ababa University; 2015. [cited 2021 Mar 09]. Available from: http://etd.aau.edu.et/dspace/handle/123456789/6863.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Berhanu B. Determinants of Banks Liquidity and their Impact onProfitability: Evidenced from eight commercial banks in Ethiopia . [Thesis]. Addis Ababa University; 2015. Available from: http://etd.aau.edu.et/dspace/handle/123456789/6863

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Nairobi

11. Maina, Hilary K. Relationship between the liquidity and profitability of oil companies in Kenya .

Degree: 2011, University of Nairobi

URL: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12961

► Liquidity management is undoubtedly one of the most crucial aspects of financial management since an efficient and effective liquidity management is crucial if the survival… (more)

▼ Liquidity management is undoubtedly one of the most crucial aspects of financial management since an efficient and effective liquidity management is crucial if the survival and prosperity of organizations firms is to be assured. The main objective of liquidity management is to maintain an optimal balance between current assets and current liabilities between each of the working capital components. A business success heavily depends on the financial executives’ ability to effectively manage current assets and current liabilities elements. This study examined the relationship between liquidity management and profitability of the Oil companies Kenya and covered the period 2007- 2010. A regression model was developed to determine the relationship between the dependent variable (Profitability of the firms) and independent variables (liquidity position). The independent variable used in the model consisted of Current ration, quick ratio, cash conversion cycle, while leverage and the age of the firm were used as control variables. Towards the achievement of the study objective, secondary data was used in the analysis that was obtained from the firm’s financial statements. Pearson’s correlation and regression analysis were used for the analysis and tests of significance were carried out for all variables using t-test at the 95% level of significance. The results indicate that the relationship between liquidity and profitability is weak with an adjusted R2 of 13.2% and also that all the independent variables had a significant relationship with ROA except the quick ratio and cash conversion cycle. The results further show that there is a strong negative relationship between a firms leverage and quick ratio with its ROA. This might be explained with the view that with inadequate cash position, then the firm will borrow at possible high interest rate and also not being able to meet supply the required fuel on time to meet customer demands. The study concluded that liquidity management is not a significant contributor alone of the firm’s profitability and there exist other variable that will influence ROA. However, it is important for a firm to understand the effect of each of the liquidity components on the firm’s profitability and also undertake deliberate measures to optimize its liquidity level. The study also recommends a further study on the role of liquidity on a firm’s profitability by incorporating more liquidity variables and control variables.

Subjects/Keywords: Liquidity and profitability

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Maina, H. K. (2011). Relationship between the liquidity and profitability of oil companies in Kenya . (Thesis). University of Nairobi. Retrieved from http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12961

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Maina, Hilary K. “Relationship between the liquidity and profitability of oil companies in Kenya .” 2011. Thesis, University of Nairobi. Accessed March 09, 2021. http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12961.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Maina, Hilary K. “Relationship between the liquidity and profitability of oil companies in Kenya .” 2011. Web. 09 Mar 2021.

Vancouver:

Maina HK. Relationship between the liquidity and profitability of oil companies in Kenya . [Internet] [Thesis]. University of Nairobi; 2011. [cited 2021 Mar 09]. Available from: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12961.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Maina HK. Relationship between the liquidity and profitability of oil companies in Kenya . [Thesis]. University of Nairobi; 2011. Available from: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12961

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Rice University

12. Hu, Edwin. Measuring Information in Financial Markets.

Degree: PhD, Business, 2016, Rice University

URL: http://hdl.handle.net/1911/96550

► The measurement of information in financial markets is fundamental to our understanding of investor heterogeneity and the efficiency of stock prices. In the first chapter,… (more)

▼ The measurement of information in financial markets is fundamental to our understanding of investor heterogeneity and the efficiency of stock prices. In the first chapter, I introduce Weighted Trading Correlation Network (WTCN) estimation to uncover hidden information linkages between investors based on observed pairwise trading correlations. I use daily-level institutional manager trades to compute network snapshots. I show that WTCNs have two topological features characteristic of social networks – an approximate power-law degree distribution and positive assortative mixing. These results are consistent with information transfers occurring through social interactions. In the second chapter, I develop Information Diffusion Centrality – a measure of network centrality based on the idea that investors exchange information bilaterally through one-on-one interactions in proportion to the strength of their connections to one another. I compare Information Diffusion Centrality to two measures of centrality based on different diffusion mechanisms in their ability to predict institutional trading performance. The first, Degree Centrality, supposes that investors are informationally linked, but there are no network flows. The second, Eigenvector Centrality, corresponds to a world where information spreads epidemically through simple contagions. I show that only Information Diffusion Centrality predicts higher performance, whereas Degree and Eigenvector Centrality predict zero or lower performance. These results may explain why valuable information tends to remain localized – i.e. why there is persistent information heterogeneity among investors – despite the fact that social networks facilitate the rapid transmission of ideas. In the third chapter, my co-authors and I examine whether the Easley and O'Hara (1987) PIN model's recently documented failure to identify private information arises from the model's inability to describe the data or from the model's reliance on order flows alone. We find that the PIN model mistakenly identifies private information from turnover because it is unable to describe the order flow data. We propose a model that addresses this shortcoming but also depends on order flow alone. We find that the extended model does not perform as well as the Odders-White and Ready (2008) model, which relies on both returns and order flow. Advisors/Committee Members: Duarte, Jefferson (advisor).

Subjects/Keywords: Information Asymmetry; Liquidity

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Hu, E. (2016). Measuring Information in Financial Markets. (Doctoral Dissertation). Rice University. Retrieved from http://hdl.handle.net/1911/96550

Chicago Manual of Style (16^th Edition):

Hu, Edwin. “Measuring Information in Financial Markets.” 2016. Doctoral Dissertation, Rice University. Accessed March 09, 2021. http://hdl.handle.net/1911/96550.

MLA Handbook (7^th Edition):

Hu, Edwin. “Measuring Information in Financial Markets.” 2016. Web. 09 Mar 2021.

Vancouver:

Hu E. Measuring Information in Financial Markets. [Internet] [Doctoral dissertation]. Rice University; 2016. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/1911/96550.

Council of Science Editors:

Hu E. Measuring Information in Financial Markets. [Doctoral Dissertation]. Rice University; 2016. Available from: http://hdl.handle.net/1911/96550

Victoria University of Wellington

13. Sarubin, Horst C. The Effects of Digital Technologies on Expanded Cinema in the Age of Liquid Modernity: Drowning and Surfacing in the Expanded Seas of the Digital Cinema.

Degree: 2012, Victoria University of Wellington

URL: http://hdl.handle.net/10063/2398

► This thesis is submitted as one part of a three-part Masters program: it is accompanied by two creative praxis: a short film and video installation.… (more)

Subjects/Keywords: Film; Installation; Liquidity

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Sarubin, H. C. (2012). The Effects of Digital Technologies on Expanded Cinema in the Age of Liquid Modernity: Drowning and Surfacing in the Expanded Seas of the Digital Cinema. (Masters Thesis). Victoria University of Wellington. Retrieved from http://hdl.handle.net/10063/2398

Chicago Manual of Style (16^th Edition):

Sarubin, Horst C. “The Effects of Digital Technologies on Expanded Cinema in the Age of Liquid Modernity: Drowning and Surfacing in the Expanded Seas of the Digital Cinema.” 2012. Masters Thesis, Victoria University of Wellington. Accessed March 09, 2021. http://hdl.handle.net/10063/2398.

MLA Handbook (7^th Edition):

Sarubin, Horst C. “The Effects of Digital Technologies on Expanded Cinema in the Age of Liquid Modernity: Drowning and Surfacing in the Expanded Seas of the Digital Cinema.” 2012. Web. 09 Mar 2021.

Vancouver:

Sarubin HC. The Effects of Digital Technologies on Expanded Cinema in the Age of Liquid Modernity: Drowning and Surfacing in the Expanded Seas of the Digital Cinema. [Internet] [Masters thesis]. Victoria University of Wellington; 2012. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/10063/2398.

Council of Science Editors:

Sarubin HC. The Effects of Digital Technologies on Expanded Cinema in the Age of Liquid Modernity: Drowning and Surfacing in the Expanded Seas of the Digital Cinema. [Masters Thesis]. Victoria University of Wellington; 2012. Available from: http://hdl.handle.net/10063/2398

Arizona State University

14. Qian, Zhiyi. Intermediaries, Illiquidity and Corporate Bond Pricing.

Degree: PhD, Business Administration, 2012, Arizona State University

URL: http://repository.asu.edu/items/14631

► This paper examines dealers' inventory holding periods and the associated price markups on corporate bonds from 2003 to 2010. Changes in these measures explain a… (more)

Subjects/Keywords: Finance; Bond; Liquidity

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Qian, Z. (2012). Intermediaries, Illiquidity and Corporate Bond Pricing. (Doctoral Dissertation). Arizona State University. Retrieved from http://repository.asu.edu/items/14631

Chicago Manual of Style (16^th Edition):

Qian, Zhiyi. “Intermediaries, Illiquidity and Corporate Bond Pricing.” 2012. Doctoral Dissertation, Arizona State University. Accessed March 09, 2021. http://repository.asu.edu/items/14631.

MLA Handbook (7^th Edition):

Qian, Zhiyi. “Intermediaries, Illiquidity and Corporate Bond Pricing.” 2012. Web. 09 Mar 2021.

Vancouver:

Qian Z. Intermediaries, Illiquidity and Corporate Bond Pricing. [Internet] [Doctoral dissertation]. Arizona State University; 2012. [cited 2021 Mar 09]. Available from: http://repository.asu.edu/items/14631.

Council of Science Editors:

Qian Z. Intermediaries, Illiquidity and Corporate Bond Pricing. [Doctoral Dissertation]. Arizona State University; 2012. Available from: http://repository.asu.edu/items/14631

University of Illinois – Urbana-Champaign

15. Heydari Barardehi, Yashar. Intraday market dynamics.

Degree: PhD, Economics, 2015, University of Illinois – Urbana-Champaign

URL: http://hdl.handle.net/2142/88139

► The revolutionary technological and regulatory changes in financial markets over the first few years of the new millennium have radically altered trading routines and strategies.… (more)

▼ The revolutionary technological and regulatory changes in financial markets over the first few years of the new millennium have radically altered trading routines and strategies. Algorithms have taken over trade executions in an environment where interactions between virtual traders happen faster than blink of an eye. New trading strategies of long-term investors, e.g. institutional investors, have moved from one of submitting a few large orders to one of finely splitting orders over time and across trading venues in order to minimize their market impacts. Instead if human decisions, instructions that algorithms follow in order to locate liquidity, arbitrage opportunities, pattern detection, etc. determine the size and timing of transactions. As a result, individual transactions are far from reflecting economic decisions, and classical models of market microstructure may not be used to describe phenomena at transaction level. I develop a novel aggregation approach that accounts for features modern markets; for a given stock, I identify successive sequences of transactions where cumulative dollar volume of each sequence is a fraction of previous month's market-capitalization plus a fixed dollar-amount. Time durations of these trade sequences measure trading activity, and the corresponding price changes reflect market impacts of a fixed dollar volume traded at variable intensities. With this approach I (a) control for the temporal dependence across individual transactions induced by dynamic order-splitting, (b) finely isolate different market conditions, e.g. volume spikes from low trading activity, (c) tell apart trading activity from trading volume, (d) reduce the effect of odd-lots bias that exists at transaction level, and (e) provide a measure of trading activity that helps us study intraday dynamics of trading activity and prices. I first show that, for most stocks, price impacts of fixed dollar-positions significantly fall in trading activity. But price impacts and trading activity, on average, are endogenously determined: trading activity rises when liquidity (depth near good prices) is unusually high which presents itself as small price impacts. I then show that one can predict this variation using a simple instrument. Moreover, the relationships between price impacts (trading costs) and instrumented trading activity are very similar across differently-sized stocks post 2006, suggesting greater cross-stock homogeneity post RegNMS. In sharp contrast, greater {\it heterogeneity} obtains if one examines the levels of price impacts (trading costs): smaller (less liquid) stocks became less liquid post 2007, but the opposite holds for larger (more liquid) stocks. Using a CAMP that includes four Fama-French factors and key stock characteristics, I show that this divergence in liquidity is translated to greater liquidity premia post financial crisis. I findings indicate that the massive changes in the design of markets did not led to uniform improvements in stock liquidity and that the asymmetric evolution of… Advisors/Committee Members: Bernhardt, Dan (advisor), Bernhardt, Dan (Committee Chair), Davies, Ryan J (committee member), Johnson, Timothy C. (committee member), Koenker, Roger W. (committee member).

Subjects/Keywords: Trading activity; Liquidity

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Heydari Barardehi, Y. (2015). Intraday market dynamics. (Doctoral Dissertation). University of Illinois – Urbana-Champaign. Retrieved from http://hdl.handle.net/2142/88139

Chicago Manual of Style (16^th Edition):

Heydari Barardehi, Yashar. “Intraday market dynamics.” 2015. Doctoral Dissertation, University of Illinois – Urbana-Champaign. Accessed March 09, 2021. http://hdl.handle.net/2142/88139.

MLA Handbook (7^th Edition):

Heydari Barardehi, Yashar. “Intraday market dynamics.” 2015. Web. 09 Mar 2021.

Vancouver:

Heydari Barardehi Y. Intraday market dynamics. [Internet] [Doctoral dissertation]. University of Illinois – Urbana-Champaign; 2015. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/2142/88139.

Council of Science Editors:

Heydari Barardehi Y. Intraday market dynamics. [Doctoral Dissertation]. University of Illinois – Urbana-Champaign; 2015. Available from: http://hdl.handle.net/2142/88139

Addis Ababa University

16. Belete, Fola. Factors Affecting Liquidity of Selected Commercial Banks in Ethiopia .

Degree: 2015, Addis Ababa University

URL: http://etd.aau.edu.et/dspace/handle/123456789/6758

► This study examines the bank-specific and macro-economic factors affecting bank liquidity for eight commercial banks in Ethiopia, covering the period of 2002-2013 by using balanced… (more)

Subjects/Keywords: Ethiopian commercial banks; Determinants of liquidity; liquidity ratios; liquidity risk

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Belete, F. (2015). Factors Affecting Liquidity of Selected Commercial Banks in Ethiopia . (Thesis). Addis Ababa University. Retrieved from http://etd.aau.edu.et/dspace/handle/123456789/6758

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Belete, Fola. “Factors Affecting Liquidity of Selected Commercial Banks in Ethiopia .” 2015. Thesis, Addis Ababa University. Accessed March 09, 2021. http://etd.aau.edu.et/dspace/handle/123456789/6758.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Belete, Fola. “Factors Affecting Liquidity of Selected Commercial Banks in Ethiopia .” 2015. Web. 09 Mar 2021.

Vancouver:

Belete F. Factors Affecting Liquidity of Selected Commercial Banks in Ethiopia . [Internet] [Thesis]. Addis Ababa University; 2015. [cited 2021 Mar 09]. Available from: http://etd.aau.edu.et/dspace/handle/123456789/6758.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Belete F. Factors Affecting Liquidity of Selected Commercial Banks in Ethiopia . [Thesis]. Addis Ababa University; 2015. Available from: http://etd.aau.edu.et/dspace/handle/123456789/6758

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Royal Holloway, University of London

17. Lim, SungKyu. Essays on market microstructure and stock market liquidity.

Degree: PhD, 2014, Royal Holloway, University of London

URL: https://pure.royalholloway.ac.uk/portal/en/publications/essays-on-market-microstructure-and-stock-market-liquidity(8283dcf5-d475-4162-84c8-a0407470620d).html ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.792183

► Market microstructure is a branch of finance concerned with theoretical, empirical, and experimental research on the security markets. It emerged as a consequence of a… (more)

Subjects/Keywords: liquidity; market microstructure; liquidity volatility; liquidity spillover effects

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Lim, S. (2014). Essays on market microstructure and stock market liquidity. (Doctoral Dissertation). Royal Holloway, University of London. Retrieved from https://pure.royalholloway.ac.uk/portal/en/publications/essays-on-market-microstructure-and-stock-market-liquidity(8283dcf5-d475-4162-84c8-a0407470620d).html ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.792183

Chicago Manual of Style (16^th Edition):

Lim, SungKyu. “Essays on market microstructure and stock market liquidity.” 2014. Doctoral Dissertation, Royal Holloway, University of London. Accessed March 09, 2021. https://pure.royalholloway.ac.uk/portal/en/publications/essays-on-market-microstructure-and-stock-market-liquidity(8283dcf5-d475-4162-84c8-a0407470620d).html ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.792183.

MLA Handbook (7^th Edition):

Lim, SungKyu. “Essays on market microstructure and stock market liquidity.” 2014. Web. 09 Mar 2021.

Vancouver:

Lim S. Essays on market microstructure and stock market liquidity. [Internet] [Doctoral dissertation]. Royal Holloway, University of London; 2014. [cited 2021 Mar 09]. Available from: https://pure.royalholloway.ac.uk/portal/en/publications/essays-on-market-microstructure-and-stock-market-liquidity(8283dcf5-d475-4162-84c8-a0407470620d).html ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.792183.

Council of Science Editors:

Lim S. Essays on market microstructure and stock market liquidity. [Doctoral Dissertation]. Royal Holloway, University of London; 2014. Available from: https://pure.royalholloway.ac.uk/portal/en/publications/essays-on-market-microstructure-and-stock-market-liquidity(8283dcf5-d475-4162-84c8-a0407470620d).html ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.792183

Dalhousie University

18. Wishart, David. Rising Wealth, Rising Debt: The Effect of Liquidity Constraints on Consumption Smoothing.

Degree: MA, Department of Economics, 2011, Dalhousie University

URL: http://hdl.handle.net/10222/13977

► Using permanent income life-cycle theory, I analyze the effects of liquidity constraints on the household’s ability to smooth life time consumption due to a change… (more)

Subjects/Keywords: Debt; Wealth; Liquidity; Constraints; Consumption

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Wishart, D. (2011). Rising Wealth, Rising Debt: The Effect of Liquidity Constraints on Consumption Smoothing. (Masters Thesis). Dalhousie University. Retrieved from http://hdl.handle.net/10222/13977

Chicago Manual of Style (16^th Edition):

Wishart, David. “Rising Wealth, Rising Debt: The Effect of Liquidity Constraints on Consumption Smoothing.” 2011. Masters Thesis, Dalhousie University. Accessed March 09, 2021. http://hdl.handle.net/10222/13977.

MLA Handbook (7^th Edition):

Wishart, David. “Rising Wealth, Rising Debt: The Effect of Liquidity Constraints on Consumption Smoothing.” 2011. Web. 09 Mar 2021.

Vancouver:

Wishart D. Rising Wealth, Rising Debt: The Effect of Liquidity Constraints on Consumption Smoothing. [Internet] [Masters thesis]. Dalhousie University; 2011. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/10222/13977.

Council of Science Editors:

Wishart D. Rising Wealth, Rising Debt: The Effect of Liquidity Constraints on Consumption Smoothing. [Masters Thesis]. Dalhousie University; 2011. Available from: http://hdl.handle.net/10222/13977

Cornell University

19. Gao, Ruoran. Business Network, Corporate Liquidity, And Stakeholders Of The Firm.

Degree: PhD, Management, 2015, Cornell University

URL: http://hdl.handle.net/1813/41008

► My research builds on the view that firms are not standalone entities, but rather, they are inter-connected into a large business network through input-output relationships.… (more)

Subjects/Keywords: Network; Corporate Liquidity; Financial Policies

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Gao, R. (2015). Business Network, Corporate Liquidity, And Stakeholders Of The Firm. (Doctoral Dissertation). Cornell University. Retrieved from http://hdl.handle.net/1813/41008

Chicago Manual of Style (16^th Edition):

Gao, Ruoran. “Business Network, Corporate Liquidity, And Stakeholders Of The Firm.” 2015. Doctoral Dissertation, Cornell University. Accessed March 09, 2021. http://hdl.handle.net/1813/41008.

MLA Handbook (7^th Edition):

Gao, Ruoran. “Business Network, Corporate Liquidity, And Stakeholders Of The Firm.” 2015. Web. 09 Mar 2021.

Vancouver:

Gao R. Business Network, Corporate Liquidity, And Stakeholders Of The Firm. [Internet] [Doctoral dissertation]. Cornell University; 2015. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/1813/41008.

Council of Science Editors:

Gao R. Business Network, Corporate Liquidity, And Stakeholders Of The Firm. [Doctoral Dissertation]. Cornell University; 2015. Available from: http://hdl.handle.net/1813/41008

University of Johannesburg

20. Venter, Johannes George. Rekenkundige verantwoording vir kwynende bates.

Degree: 2015, University of Johannesburg

URL: http://hdl.handle.net/10210/14665

M.Com.

Please refer to full text to view abstract

Subjects/Keywords: Liquidity (Economics)

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Venter, J. G. (2015). Rekenkundige verantwoording vir kwynende bates. (Thesis). University of Johannesburg. Retrieved from http://hdl.handle.net/10210/14665

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Venter, Johannes George. “Rekenkundige verantwoording vir kwynende bates.” 2015. Thesis, University of Johannesburg. Accessed March 09, 2021. http://hdl.handle.net/10210/14665.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Venter, Johannes George. “Rekenkundige verantwoording vir kwynende bates.” 2015. Web. 09 Mar 2021.

Vancouver:

Venter JG. Rekenkundige verantwoording vir kwynende bates. [Internet] [Thesis]. University of Johannesburg; 2015. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/10210/14665.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Venter JG. Rekenkundige verantwoording vir kwynende bates. [Thesis]. University of Johannesburg; 2015. Available from: http://hdl.handle.net/10210/14665

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Pretoria

21. Zito, Fabio Antonio. Algorithmic trading and the liquidity of the JSE.

Degree: MBA, Gordon Institute of Business Science (GIBS), 2013, University of Pretoria

URL: http://hdl.handle.net/2263/41975

► This study investigates the relationship between algorithmic trading and a change in market structure. Furthermore, the study aims to determine if there is a relationship… (more)

Subjects/Keywords: UCTD; Algorithms; Liquidity – JSE

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Zito, F. A. (2013). Algorithmic trading and the liquidity of the JSE. (Masters Thesis). University of Pretoria. Retrieved from http://hdl.handle.net/2263/41975

Chicago Manual of Style (16^th Edition):

Zito, Fabio Antonio. “Algorithmic trading and the liquidity of the JSE.” 2013. Masters Thesis, University of Pretoria. Accessed March 09, 2021. http://hdl.handle.net/2263/41975.

MLA Handbook (7^th Edition):

Zito, Fabio Antonio. “Algorithmic trading and the liquidity of the JSE.” 2013. Web. 09 Mar 2021.

Vancouver:

Zito FA. Algorithmic trading and the liquidity of the JSE. [Internet] [Masters thesis]. University of Pretoria; 2013. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/2263/41975.

Council of Science Editors:

Zito FA. Algorithmic trading and the liquidity of the JSE. [Masters Thesis]. University of Pretoria; 2013. Available from: http://hdl.handle.net/2263/41975

Addis Ababa University

22. Nigist, Melese. Determinants of Banks Liquidity: Empirical Evidence on Ethiopian Commercial Banks .

Degree: 2015, Addis Ababa University

URL: http://etd.aau.edu.et/dspace/handle/123456789/6175

► Liquidity creation is the main concerns of commercial banks since it is crucial for its existence; hence the main objective of this study was to… (more)

Subjects/Keywords: Ethiopian commercial banks; Liquidity

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Nigist, M. (2015). Determinants of Banks Liquidity: Empirical Evidence on Ethiopian Commercial Banks . (Thesis). Addis Ababa University. Retrieved from http://etd.aau.edu.et/dspace/handle/123456789/6175

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Nigist, Melese. “Determinants of Banks Liquidity: Empirical Evidence on Ethiopian Commercial Banks .” 2015. Thesis, Addis Ababa University. Accessed March 09, 2021. http://etd.aau.edu.et/dspace/handle/123456789/6175.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Nigist, Melese. “Determinants of Banks Liquidity: Empirical Evidence on Ethiopian Commercial Banks .” 2015. Web. 09 Mar 2021.

Vancouver:

Nigist M. Determinants of Banks Liquidity: Empirical Evidence on Ethiopian Commercial Banks . [Internet] [Thesis]. Addis Ababa University; 2015. [cited 2021 Mar 09]. Available from: http://etd.aau.edu.et/dspace/handle/123456789/6175.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Nigist M. Determinants of Banks Liquidity: Empirical Evidence on Ethiopian Commercial Banks . [Thesis]. Addis Ababa University; 2015. Available from: http://etd.aau.edu.et/dspace/handle/123456789/6175

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Nairobi

23. Nyakiamo, Christopher A. The effect of inflation rate on liquidity of manufacturing firms listed in Nairobi Securities Exchange .

Degree: 2015, University of Nairobi

URL: http://hdl.handle.net/11295/95156

► The paper was commissioned to find out the effect of inflation rate on the CCC of listed Manufacturing firms at the NSE for a period… (more)

Subjects/Keywords: inflation rate; liquidity; firms

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Nyakiamo, C. A. (2015). The effect of inflation rate on liquidity of manufacturing firms listed in Nairobi Securities Exchange . (Thesis). University of Nairobi. Retrieved from http://hdl.handle.net/11295/95156

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Nyakiamo, Christopher A. “The effect of inflation rate on liquidity of manufacturing firms listed in Nairobi Securities Exchange .” 2015. Thesis, University of Nairobi. Accessed March 09, 2021. http://hdl.handle.net/11295/95156.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Nyakiamo, Christopher A. “The effect of inflation rate on liquidity of manufacturing firms listed in Nairobi Securities Exchange .” 2015. Web. 09 Mar 2021.

Vancouver:

Nyakiamo CA. The effect of inflation rate on liquidity of manufacturing firms listed in Nairobi Securities Exchange . [Internet] [Thesis]. University of Nairobi; 2015. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/11295/95156.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Nyakiamo CA. The effect of inflation rate on liquidity of manufacturing firms listed in Nairobi Securities Exchange . [Thesis]. University of Nairobi; 2015. Available from: http://hdl.handle.net/11295/95156

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Nairobi

24. Njilu, Karen K. The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya .

Degree: 2016, University of Nairobi

URL: http://hdl.handle.net/11295/99406

► The motive of this research was to examine the effects of electronic banking on liquidity of commercial banks in Kenya. The research was conducted to… (more)

▼ The motive of this research was to examine the effects of electronic banking on liquidity of commercial banks in Kenya. The research was conducted to find out how ATMs, POS, internet banking and mobile banking affect the banks’ liquidity. Banks’ major income is from the interest on loans. The banks use the short-term customer deposits to finance long-term loans therefore liquidity is indispensable for a bank’s survival. Cash is a key operating tool and its availability affects performance of the banks. The upsurge in electronic banking creates a concern on the latter’s effect on banks’ liquidity. Descriptive research design was used for 43 commercial banks in Kenya. The study covered a period of 5 years; from 2010 to 2015. Secondary data was used and was collected from central bank of Kenya and the target commercial banks. The dependent variable was liquidity while independent variables were POS banking, ATM banking, mobile banking, internet banking and size of the bank. These variables were measured by average value of POS transactions, average value of ATM transactions, average value of mobile banking transactions, average value of internet transactions and total assets respectively. Liquidity was measured by the current ratio of the 43 commercial banks in Kenya. The study established that there is a strong positive relationship between liquidity and electronic banking of commercial banks in Kenya at 95% confidence level. ATM banking has the highest effect on liquidity while Internet banking has the least. The affordability of mobile phones and banks’ high investment in mobile banking technology has also given this form of banking an advantage of increasing number and value of transactions. Many banks are embracing electronic banking to reap the benefits of efficiency, accessibility, flexibility and decreased cost. Mobile and internet banking provide flexibility of transaction amount together with convenience to enable fulltime money movement. POS and ATM machines are more accessible compared to the traditional banking limited by branch opening hours and queues. POS banking is offered by bank agents and merchants who operate even in remote areas with no bank branches while ATMs enable 24 hour banking. This enables formal banking even in remote areas and easy cash movement. The recommendation to the banks is to adopt e-banking to benefit from reduced cost, accessibility, efficiency, flexibility and speed. Banks size also has a positive relationship with liquidity. The more assets a bank have, the higher the liquidity. Therefore banks should increase their assets not necessarily by opening more branches but by marketing to increase the loan asset.

Subjects/Keywords: Electronic Banking on Liquidity

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Njilu, K. K. (2016). The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya . (Thesis). University of Nairobi. Retrieved from http://hdl.handle.net/11295/99406

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Njilu, Karen K. “The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya .” 2016. Thesis, University of Nairobi. Accessed March 09, 2021. http://hdl.handle.net/11295/99406.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Njilu, Karen K. “The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya .” 2016. Web. 09 Mar 2021.

Vancouver:

Njilu KK. The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya . [Internet] [Thesis]. University of Nairobi; 2016. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/11295/99406.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Njilu KK. The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya . [Thesis]. University of Nairobi; 2016. Available from: http://hdl.handle.net/11295/99406

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Nairobi

25. Njilu, Karen K. The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya .

Degree: 2016, University of Nairobi

URL: http://hdl.handle.net/11295/99411

► The motive of this research was to examine the effects of electronic banking on liquidity of commercial banks in Kenya. The research was conducted to… (more)

▼ The motive of this research was to examine the effects of electronic banking on liquidity of commercial banks in Kenya. The research was conducted to find out how ATMs, POS, internet banking and mobile banking affect the banks’ liquidity. Banks’ major income is from the interest on loans. The banks use the short-term customer deposits to finance long-term loans therefore liquidity is indispensable for a bank’s survival. Cash is a key operating tool and its availability affects performance of the banks. The upsurge in electronic banking creates a concern on the latter’s effect on banks’ liquidity. Descriptive research design was used for 43 commercial banks in Kenya. The study covered a period of 5 years; from 2010 to 2015. Secondary data was used and was collected from central bank of Kenya and the target commercial banks. The dependent variable was liquidity while independent variables were POS banking, ATM banking, mobile banking, internet banking and size of the bank. These variables were measured by average value of POS transactions, average value of ATM transactions, average value of mobile banking transactions, average value of internet transactions and total assets respectively. Liquidity was measured by the current ratio of the 43 commercial banks in Kenya. The study established that there is a strong positive relationship between liquidity and electronic banking of commercial banks in Kenya at 95% confidence level. ATM banking has the highest effect on liquidity while Internet banking has the least. The affordability of mobile phones and banks’ high investment in mobile banking technology has also given this form of banking an advantage of increasing number and value of transactions. Many banks are embracing electronic banking to reap the benefits of efficiency, accessibility, flexibility and decreased cost. Mobile and internet banking provide flexibility of transaction amount together with convenience to enable fulltime money movement. POS and ATM machines are more accessible compared to the traditional banking limited by branch opening hours and queues. POS banking is offered by bank agents and merchants who operate even in remote areas with no bank branches while ATMs enable 24 hour banking. This enables formal banking even in remote areas and easy cash movement. The recommendation to the banks is to adopt e-banking to benefit from reduced cost, accessibility, efficiency, flexibility and speed. Banks size also has a positive relationship with liquidity. The more assets a bank have, the higher the liquidity. Therefore banks should increase their assets not necessarily by opening more branches but by marketing to increase the loan asset.

Subjects/Keywords: Electronic Banking on Liquidity

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Njilu, K. K. (2016). The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya . (Thesis). University of Nairobi. Retrieved from http://hdl.handle.net/11295/99411

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Njilu, Karen K. “The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya .” 2016. Thesis, University of Nairobi. Accessed March 09, 2021. http://hdl.handle.net/11295/99411.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Njilu, Karen K. “The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya .” 2016. Web. 09 Mar 2021.

Vancouver:

Njilu KK. The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya . [Internet] [Thesis]. University of Nairobi; 2016. [cited 2021 Mar 09]. Available from: http://hdl.handle.net/11295/99411.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Njilu KK. The Effect of Electronic Banking on Liquidity of Commercial Banks in Kenya . [Thesis]. University of Nairobi; 2016. Available from: http://hdl.handle.net/11295/99411

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Nairobi

26. Njiinu, C. G. Liquidity in the Emerging Markets:The Case of Nairobi Stock Exchange Equities Market .

Degree: 2007, University of Nairobi

URL: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12664

► The general objective of this study was to assess the changes in liquidity at the NSE during the period between January 2000 and December 2005.… (more)

Subjects/Keywords: liquidity; ANOVA

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Njiinu, C. G. (2007). Liquidity in the Emerging Markets:The Case of Nairobi Stock Exchange Equities Market . (Thesis). University of Nairobi. Retrieved from http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12664

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Njiinu, C G. “Liquidity in the Emerging Markets:The Case of Nairobi Stock Exchange Equities Market .” 2007. Thesis, University of Nairobi. Accessed March 09, 2021. http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12664.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Njiinu, C G. “Liquidity in the Emerging Markets:The Case of Nairobi Stock Exchange Equities Market .” 2007. Web. 09 Mar 2021.

Vancouver:

Njiinu CG. Liquidity in the Emerging Markets:The Case of Nairobi Stock Exchange Equities Market . [Internet] [Thesis]. University of Nairobi; 2007. [cited 2021 Mar 09]. Available from: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12664.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Njiinu CG. Liquidity in the Emerging Markets:The Case of Nairobi Stock Exchange Equities Market . [Thesis]. University of Nairobi; 2007. Available from: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12664

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Nairobi

27. Koech, Patrick. Relationship between liquidity and return of stock at the Nairobi securities exchange .

Degree: 2012, University of Nairobi

URL: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12680

► The objective of this study was to ascertain whether there exists a relationship between liquidity and return of listed firms at the Nairobi Securities Exchange.… (more)

Subjects/Keywords: Proxy for liquidity; Correlational

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Koech, P. (2012). Relationship between liquidity and return of stock at the Nairobi securities exchange . (Thesis). University of Nairobi. Retrieved from http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12680

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Koech, Patrick. “Relationship between liquidity and return of stock at the Nairobi securities exchange .” 2012. Thesis, University of Nairobi. Accessed March 09, 2021. http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12680.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Koech, Patrick. “Relationship between liquidity and return of stock at the Nairobi securities exchange .” 2012. Web. 09 Mar 2021.

Vancouver:

Koech P. Relationship between liquidity and return of stock at the Nairobi securities exchange . [Internet] [Thesis]. University of Nairobi; 2012. [cited 2021 Mar 09]. Available from: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12680.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Koech P. Relationship between liquidity and return of stock at the Nairobi securities exchange . [Thesis]. University of Nairobi; 2012. Available from: http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/12680

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Universidade Nova

28. Nascimento, Madalena Correia Martins. Earnings overseas and cash holdings.

Degree: 2015, Universidade Nova

URL: http://www.rcaap.pt/detail.jsp?id=oai:run.unl.pt:10362/15348

►

I investigate the impact of foreign pre-tax income on the total amount of cash held by companies and on the amount of cash that is… (more)

Subjects/Keywords: Cash; Taxation; Liquidity; Risk

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Nascimento, M. C. M. (2015). Earnings overseas and cash holdings. (Thesis). Universidade Nova. Retrieved from http://www.rcaap.pt/detail.jsp?id=oai:run.unl.pt:10362/15348

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Nascimento, Madalena Correia Martins. “Earnings overseas and cash holdings.” 2015. Thesis, Universidade Nova. Accessed March 09, 2021. http://www.rcaap.pt/detail.jsp?id=oai:run.unl.pt:10362/15348.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Nascimento, Madalena Correia Martins. “Earnings overseas and cash holdings.” 2015. Web. 09 Mar 2021.

Vancouver:

Nascimento MCM. Earnings overseas and cash holdings. [Internet] [Thesis]. Universidade Nova; 2015. [cited 2021 Mar 09]. Available from: http://www.rcaap.pt/detail.jsp?id=oai:run.unl.pt:10362/15348.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Nascimento MCM. Earnings overseas and cash holdings. [Thesis]. Universidade Nova; 2015. Available from: http://www.rcaap.pt/detail.jsp?id=oai:run.unl.pt:10362/15348

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

University of Ghana

29. Sandino, M.A. Liquidity Management and Bank Profitability: A Case of Listed Banks on the Ghana Stock Exchange .

Degree: 2019, University of Ghana

URL: http://ugspace.ug.edu.gh/handle/123456789/32790

► Profitability and maximizing shareholders wealth top the chat when it comes the reasons why people or organisations engage in business. A bank like any other… (more)

Subjects/Keywords: Liquidity Management; Bank Profitability

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Sandino, M. A. (2019). Liquidity Management and Bank Profitability: A Case of Listed Banks on the Ghana Stock Exchange . (Masters Thesis). University of Ghana. Retrieved from http://ugspace.ug.edu.gh/handle/123456789/32790

Chicago Manual of Style (16^th Edition):

Sandino, M A. “Liquidity Management and Bank Profitability: A Case of Listed Banks on the Ghana Stock Exchange .” 2019. Masters Thesis, University of Ghana. Accessed March 09, 2021. http://ugspace.ug.edu.gh/handle/123456789/32790.

MLA Handbook (7^th Edition):

Sandino, M A. “Liquidity Management and Bank Profitability: A Case of Listed Banks on the Ghana Stock Exchange .” 2019. Web. 09 Mar 2021.

Vancouver:

Sandino MA. Liquidity Management and Bank Profitability: A Case of Listed Banks on the Ghana Stock Exchange . [Internet] [Masters thesis]. University of Ghana; 2019. [cited 2021 Mar 09]. Available from: http://ugspace.ug.edu.gh/handle/123456789/32790.

Council of Science Editors:

Sandino MA. Liquidity Management and Bank Profitability: A Case of Listed Banks on the Ghana Stock Exchange . [Masters Thesis]. University of Ghana; 2019. Available from: http://ugspace.ug.edu.gh/handle/123456789/32790

30. Lawrey, Chris M. Three Essays On Firm Liquidity Management.

Degree: PhD, Finance, 2015, University of Mississippi

URL: https://egrove.olemiss.edu/etd/565

► In Part 1, we study the costs associated with firm illiquidity. We specifically examine the impact of illiquidity on the costs of financing, financial distress,… (more)

▼ In Part 1, we study the costs associated with firm illiquidity. We specifically examine the impact of illiquidity on the costs of financing, financial distress, underinvestment, and competitiveness in product markets. We focus on a comprehensive definition of liquidity that expands upon the typical measure of liquidity, cash and marketable securities, commonly used in the management literature. Our liquidity index, derived from existing cash and marketable securities, available credit lines and cash volatility, measures the likelihood that a firm will become illiquid. Lastly, we address the endogeneity issue that plagues corporate literature linking firm performance to other firm attributes using a well-developed dynamic panel generalized method of moments (GMM) estimator. Our results indicate that illiquidity is associated with higher costs of financing, increased financial distress, and decreased competitive advantage. In Part 2, we examine the extent that firms utilize lines of credit to fund cash dividends. We find that higher dividend payouts are related to higher liquidity and dividend paying firms that experience cash shortages with utilize credit lines to continue dividend payments. Our sample statistics indicate that dividend paying firms are considerably different than non-payers. Dividend payers tend to be more liquid, despite having less cash, have smaller credit line balances, higher market capitalizations, less long-term debt, are more profitable, and spend less on capital investments. One of our keying findings indicates that liquidity is an important determinant of dividend payouts. In Part 3, we study the determinants of liquidity for 4,928 micro-firms surveyed by the Kauffman Foundation over the period 2004 – 2012. Female owned firms are more liquid, smaller, carry more inventories, and use less trade credit than male firms. White-owned firms are less liquid than Asian or African-American owned firms, while the Asian-owned are significantly larger than white- and African-American-owned, and the African-American-owned have the least inventory and land holdings. The most highly educated owners operated the largest firms, with the most equipment, and the least inventory and land. Firms with most experienced owners are the most liquid and largest. Additionally, we find that liquidity is negatively related to firm inventory levels and equipment holdings. Advisors/Committee Members: Kathleen P. Fuller, Joshua Hendrickson, Seong K. Byun.

Subjects/Keywords: Cash; Corporate Finance; Liquidity; Finance

Record Details Similar Records Cite « Share

❌

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Lawrey, C. M. (2015). Three Essays On Firm Liquidity Management. (Doctoral Dissertation). University of Mississippi. Retrieved from https://egrove.olemiss.edu/etd/565

Chicago Manual of Style (16^th Edition):

Lawrey, Chris M. “Three Essays On Firm Liquidity Management.” 2015. Doctoral Dissertation, University of Mississippi. Accessed March 09, 2021. https://egrove.olemiss.edu/etd/565.

MLA Handbook (7^th Edition):

Lawrey, Chris M. “Three Essays On Firm Liquidity Management.” 2015. Web. 09 Mar 2021.

Vancouver:

Lawrey CM. Three Essays On Firm Liquidity Management. [Internet] [Doctoral dissertation]. University of Mississippi; 2015. [cited 2021 Mar 09]. Available from: https://egrove.olemiss.edu/etd/565.

Council of Science Editors:

Lawrey CM. Three Essays On Firm Liquidity Management. [Doctoral Dissertation]. University of Mississippi; 2015. Available from: https://egrove.olemiss.edu/etd/565

Open Access Theses and Dissertations