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- W1581624077 abstract "This paper seeks to see if there is a relationship between market liquidity, proxied by turnover and size, measured by market capitalization and the number of listed companies for European Union countries. We employ a panel data structure with unobserved characteristics for each country modeled as fixed effects for all 27 European Union (EU) countries over the period 2001-2011. Our results prove that market capitalization, as a size variable is significant for capital market liquidity. As policy recommendation, we suggest for these countries to enhance their market capitalization in order to attain a greater liquidity." @default.
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- W1581624077 date "2013-01-01" @default.
- W1581624077 modified "2023-09-24" @default.
- W1581624077 title "TURNOVER AND MARKET VALUE IN CAPITAL MARKETS IN THE EUROPEAN UNION" @default.
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