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The correlation between liquidity, earnings volatility and stock return – A study from Vietnam stock market
oleh: Võ Xuân Vinh, Nguyễn Minh Nguyệt
Format: | Article |
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Diterbitkan: | TẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINH 2020-08-01 |
Deskripsi
This paper investigates the impact of liquidity and earnings volatility on stock return on Vietnam stock market. By employing the ordinary least squares (OLS) regression to analyze the data collected from a number of listed firms on the Ho Chi Minh City stock exchange over the period 2006-2015, the study reveals a positive relationship between liquidity and stock return. On the contrary, it shows that earnings volatility is negatively correlated to stock return.