| dc.description.abstract | Perceiving the role of corporate governance on liquidity in the equity market,
this thesis aims to investigate how corporate governance impacts the liquidity of stocks in
the context of the Vietnamese market. The corporate governance index (CGI) was
constructed to assess the governance performance of 325 listed firms on Ho Chi Minh
Stock Exchange (HOSE) in 2019. This research also employs two different measures of
liquidity includes liquidity ratio and share turnover ratio to ensure the generalization of the
results. By running multiple linear regression, the study finds that there exists a positive
relationship between CGI and liquidity ratio, implying that companies with well
governance structure will provide more liquidity of equity in the market. | en_US |
