Survey the Stock Liquidity at the Time of Issuing Financial Reports

The objective of this research is the effect of issuing financial reports on stock liquidity at Tehran Stock Exchange. For this purpose, stock market liquidity at seven transactional days before event (issuing financial reports) compared to seven transactional days after event. For doing this resear...

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Autores principales:	Yooness Badavar Nahandi, Amaneh Maleki Nejad
Formato:	article
Lenguaje:	FA
Publicado:	Shahid Bahonar University of Kerman 2010
Materias:	ask price bid price stock price spread stock price depth and turnover rate of stock Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/880db3e7bea24018a7b8e500d33ea665
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spelling	oai:doaj.org-article:880db3e7bea24018a7b8e500d33ea6652021-11-04T19:40:23ZSurvey the Stock Liquidity at the Time of Issuing Financial Reports2008-89142476-292X10.22103/jak.2010.42https://doaj.org/article/880db3e7bea24018a7b8e500d33ea6652010-11-01T00:00:00Zhttps://jak.uk.ac.ir/article_42_6dca7f20ae35e7f6ff32ec85cb75e05f.pdfhttps://doaj.org/toc/2008-8914https://doaj.org/toc/2476-292XThe objective of this research is the effect of issuing financial reports on stock liquidity at Tehran Stock Exchange. For this purpose, stock market liquidity at seven transactional days before event (issuing financial reports) compared to seven transactional days after event. For doing this research, we used data for 57 listed companies in Tehran Stock Exchange for period of 2002-2007. In this research, stock liquidity has been measured using three proxies. Hypotheses of research examined by cross sectional and pooled method. Results show that there is a significant difference between mean proportional spread of stock of price before and after issuing financial reports. Also, there is a significant difference between mean stock price depth before and after issuing financial reports. However, there is no significant difference between turnover rate of stock before and after issuing financial reports.Yooness Badavar NahandiAmaneh Maleki NejadShahid Bahonar University of Kermanarticleask pricebid pricestock price spreadstock price depthand turnover rate of stockAccounting. BookkeepingHF5601-5689FAمجله دانش حسابداری, Vol 1, Iss 3, Pp 99-115 (2010)
institution	DOAJ
collection	DOAJ
language	FA
topic	ask price bid price stock price spread stock price depth and turnover rate of stock Accounting. Bookkeeping HF5601-5689
spellingShingle	ask price bid price stock price spread stock price depth and turnover rate of stock Accounting. Bookkeeping HF5601-5689 Yooness Badavar Nahandi Amaneh Maleki Nejad Survey the Stock Liquidity at the Time of Issuing Financial Reports
description	The objective of this research is the effect of issuing financial reports on stock liquidity at Tehran Stock Exchange. For this purpose, stock market liquidity at seven transactional days before event (issuing financial reports) compared to seven transactional days after event. For doing this research, we used data for 57 listed companies in Tehran Stock Exchange for period of 2002-2007. In this research, stock liquidity has been measured using three proxies. Hypotheses of research examined by cross sectional and pooled method. Results show that there is a significant difference between mean proportional spread of stock of price before and after issuing financial reports. Also, there is a significant difference between mean stock price depth before and after issuing financial reports. However, there is no significant difference between turnover rate of stock before and after issuing financial reports.
format	article
author	Yooness Badavar Nahandi Amaneh Maleki Nejad
author_facet	Yooness Badavar Nahandi Amaneh Maleki Nejad
author_sort	Yooness Badavar Nahandi
title	Survey the Stock Liquidity at the Time of Issuing Financial Reports
title_short	Survey the Stock Liquidity at the Time of Issuing Financial Reports
title_full	Survey the Stock Liquidity at the Time of Issuing Financial Reports
title_fullStr	Survey the Stock Liquidity at the Time of Issuing Financial Reports
title_full_unstemmed	Survey the Stock Liquidity at the Time of Issuing Financial Reports
title_sort	survey the stock liquidity at the time of issuing financial reports
publisher	Shahid Bahonar University of Kerman
publishDate	2010
url	https://doaj.org/article/880db3e7bea24018a7b8e500d33ea665
work_keys_str_mv	AT yoonessbadavarnahandi surveythestockliquidityatthetimeofissuingfinancialreports AT amanehmalekinejad surveythestockliquidityatthetimeofissuingfinancialreports
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Survey the Stock Liquidity at the Time of Issuing Financial Reports

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