This study examines the relationship between illiquidity premium and equity returns in Pakistani equity market for the period 2000:6 to 2007:6 by using Fama and French (1992 and 1993) methodology. This is the first study that explores the relationship between illiquidity premium and equity...

This study is aimed to explore the relationship between country rating and volatility of Karachi Stock Exchange for the period 1999 to 2012. This study employs daily data of country ratings and stock market returns to investigate influence of rating on volatility of market. Univariate Asymmetric...

This study examines long term and short term inter-linkage between liquidity dimensions and equity returns in oil and gas sector of an emerging stock market for the time period 2009-2015.Conventional liquidity ratio and Amihud ratio are used to capture Price impact. Roll estimator is employed to...