Zaremba, Adam; Żmudziński, Radosław - In: E-Finanse : finansowy kwartalnik internetowy 10 (2014) 1, pp. 69-85
and other return factors: value, size and liquidity. Thirdly, we investigate whether the low price effect is present after … accounting for liquidity. Fourthly, we check to see whether the low price effect is robust to transaction costs. The paper is … costs and liquidity. …