Testing Microstructure Theory on Karachi Stock Exchange
نویسندگان
چکیده
منابع مشابه
A Test of CAPM on the Karachi Stock Exchange
This study investigates the applicability of the CAPM in explaining the cross section of stock return on the Karachi Stock Exchange for the period September 1992 to April 2006. Unlike earlier studies on emerging markets this study is carried out with a broader scope. Firstly, the tests are conducted on individual stocks as well as size sorted portfolios and industry portfolios. Secondly, the te...
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متن کاملMicrostructure Theory and the Foreign Exchange Market
GROWING BODY OF theoretical literature, known as the study of securities market microstructure, deals with the behavior of participants in securities markets and with the effects of information and institutional rules on the economic performance of those markets. These institutional factors may arise from technology, tradition or regulation. Microstructure and its impact are important, because ...
متن کاملMicrostructure Theory and the Foreign Exchange Market
GROWING BODY OF theoretical literature, known as the study of securities market microstructure, deals with the behavior of participants in securities markets and with the effects of information and institutional rules on the economic performance of those markets. These institutional factors may arise from technology, tradition or regulation. Microstructure and its impact are important, because ...
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ژورنال
عنوان ژورنال: Information Management and Business Review
سال: 2017
ISSN: 2220-3796
DOI: 10.22610/imbr.v9i2.1719