IES Management College And Research Centre

Index Revisions, Stock Liquidity and the Cost of Equity Capital (Record no. 51014)

MARC details
000 -LEADER
fixed length control field 01524nam a2200217 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20190128150122.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 190128b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Rahman, Abdul
9 (RLIN) 33053
245 ## - TITLE STATEMENT
Title Index Revisions, Stock Liquidity and the Cost of Equity Capital
300 ## - PHYSICAL DESCRIPTION
Extent 1072–1089 p.
520 ## - SUMMARY, ETC.
Summary, etc This study examines the stock liquidity and cost of equity capital (COEC) effects around the CNX Nifty index revisions during the period 1998–2011. To examine these effects, the inclusion (exclusion) firms are compared with their matching peers. The stock liquidity effect has been examined by using distinct liquidity measures, such as trading volume, turnover rate and illiquidity ratio. The COEC effect has been examined with the help of cost of equity, stock liquidity, firm size, leverage and inclusion (exclusion) dummies. It was found that the stocks included to the CNX NIFTY were less liquid than their matching peers were, whereas the stocks excluded were experiencing more liquidity than their matching peers. Further, the study finds an increase in the COEC for the included firms and a decrease in the COEC for the excluded firms.
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Cost of equity capital
Uncontrolled term index revisions
Uncontrolled term liquidity
Uncontrolled term trading volume,
Uncontrolled term illiquidity ratio
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Rajib, Prabina
9 (RLIN) 33054
773 0# - HOST ITEM ENTRY
Host Biblionumber 29349
Host Itemnumber 72597
Main entry heading BANIK, ARINDAM
Place, publisher, and date of publication NEW DELHI SAGE PUBLISHING PVT. LTD.
Other item identifier 5559312
Title GLOBAL BUSINESS REVIEW
International Standard Serial Number 0972-1509
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 28/01/2019   Vol 19, No 4/ 5559312JA16 5559312JA16 28/01/2019 28/01/2019

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