Understanding the relationship between stock liquidity and firm's real investment - A study on Vietnam stock exchanges
| dc.contributor.advisor | Thao, Le Phuong | |
| dc.contributor.author | Trung, Le Quang | |
| dc.date.accessioned | 2019-11-23T08:25:17Z | |
| dc.date.available | 2019-11-23T08:25:17Z | |
| dc.date.issued | 2018 | |
| dc.identifier.other | 022004221 | |
| dc.identifier.uri | http://keep.hcmiu.edu.vn:8080/handle/123456789/3403 | |
| dc.description.abstract | This thesis explores the relationship between firm’s real investment and firm’s stock liquidity. By employing Generalised Method of Moments approach, using a panel of 158 firms listed on Hồ Chí Minh Stock Exchange and Hà Nội Stock Exchange for the period from 2010–2017, the study finds that there exists a positive relationship, that is the higher trading volume, the greater real investment (measured by growth in total assets, growth in tangible fixed assets and growth in inventories) and vice versa. Keywords: investment, liquidity, Tobin’s Q, financial constraints | en_US |
| dc.language.iso | en_US | en_US |
| dc.publisher | International University - HCMC | en_US |
| dc.subject | Financial institution | en_US |
| dc.title | Understanding the relationship between stock liquidity and firm's real investment - A study on Vietnam stock exchanges | en_US |
| dc.type | Thesis | en_US |
