A Suggested Model for the Determinants of Bid Ask Spread Evidence from Amman Stock Exchange ASE
| المصدر: | المجلة المصرية للدراسات التجارية |
|---|---|
| الناشر: | جامعة المنصورة - كلية التجارة |
| المؤلف الرئيسي: | Al Amarneh, Asma (Author) |
| المجلد/العدد: | مج34, ع3 |
| محكمة: | نعم |
| الدولة: |
مصر |
| التاريخ الميلادي: |
2010
|
| الصفحات: | 13 - 48 |
| رقم MD: | 660047 |
| نوع المحتوى: | بحوث ومقالات |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| رابط المحتوى: |
عدد مرات التحميل
6
| LEADER | 01938nam a22001937a 4500 | ||
|---|---|---|---|
| 001 | 0252548 | ||
| 044 | |b مصر | ||
| 100 | |9 339596 |a Al Amarneh, Asma |e Author | ||
| 245 | |a A Suggested Model for the Determinants of Bid Ask Spread Evidence from Amman Stock Exchange ASE | ||
| 260 | |b جامعة المنصورة - كلية التجارة |c 2010 | ||
| 300 | |a 13 - 48 | ||
| 336 | |a بحوث ومقالات | ||
| 520 | |b This study aimed at suggesting a model for the main determinants of the bid-ask spread in the Amman Stock Exchange. Daily trading data for 50 selected companies, during a 6 years’ time period from 2001 to 2006, was collected from ASE publications. The suggested explanatory variables (security's specific factors: stock price, price volatility, trading volume, number of trades), company’s specific factors: firm size, industry affiliation, ownership concentration, ownership type, and financial performance), and stock market’s specific factors (tick size)), were significantly affected the relative bid-ask spread in ASE except the industry affiliation variable. Also, the cross-sectional variation in spreads in ASE is due primarily to differences in information asymmetries and differences in order processing cost. The study suggests that ASE should implement a multiple tick sizes, by defining small number of price ranges with different (low) tick sizes. The study emphasizes the need for stock ranking system to use it as a proxy for the security risk, since the bid-ask spread is a positive function of security risk | ||
| 653 | |a الأسواق المالية |a عمان |a أسعار الأسهم | ||
| 773 | |4 الاقتصاد |4 إدارة الأعمال |6 Economics |6 Business |c 024 |e The Egyptian Journal for Commercial Studies |l 003 |m مج34, ع3 |o 0460 |s المجلة المصرية للدراسات التجارية |v 034 | ||
| 856 | |u 0460-034-003-024.pdf | ||
| 930 | |d y |p y |q y | ||
| 995 | |a EcoLink | ||
| 999 | |c 660047 |d 660047 | ||
عناصر مشابهة
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A Suggested Model for the Determinants of Bid Ask Spread : Evidence from Amman Stock Exchange ASE
بواسطة: Al Amarneh, Asma منشور: (2008) -
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بواسطة: خلاوى، ضياء محمود منشور: (2015) -
The Determinants Of The Bid - Ask Spread; Evidence From The Palestinian Stock Exchange
بواسطة: Jubeh, Bisan Nazmi منشور: (2008) -
Macroeconomic determinants of common stock returns : evidence from Amman Stock Exchange
بواسطة: Al Bashtawi, Mervat Bahjat منشور: (2006) -
Dynamic Mean Reversion of Stock Prices : Evidence from Amman Stock Exchange
بواسطة: الربضي، ديما وليد حنا منشور: (2018)
