Mureşan, Diana; Silaghi, Monica Pop - Academia de Studii Economice din Bucureşti - 2012
This paper seeks to see if there is a relationship between market liquidity approximated by turnover and market … capitalization, both expressed as percentages in GDP for European Union (EU) countries. Turnover represents the total value of shares … to attain a greater turnover as a percentage of their gross domestic product. We thus strengthen the view that capital …