volatility models used for the analysis revealed that Turkish stock market is sensitive to terrorist attacks. …

countries, and thirdly the existing gap appearance between the theory and the practice of the financial administration, from the … contrast ofthe theory proposed by different experts and with the results obtained of the researches with microbusinessmen of … théorie et la pratique de l´administration financière à partir du contraste de la théorie proposé pour de différents auteurs …

This paper shows how to introduce liquidity into the well known mean-variance framework of portfolio selection. Either … by estimating mean-variance liquidity constrained frontiers or directly estimating optimal portfolios for alternative … levels of risk aversion and preference for liquidity, we obtain strong effects of liquidity on optimal portfolio selection …

constructed ‘low minus high’ (LMH) stock turnover portfolio as a liquidity risk factor. The LMH factor produces significant betas …

This paper examines the extent to which individual investors provide liquidity to the stock market, and whether they … predict short-term future returns is significantly enhanced during times of market stress, when market liquidity provisions … uncertainty. Despite this high aggregate performance, individual investors do not reap the rewards from liquidity provision …