Ayadi, Olusegun Felix; Paseda, Oluseun A. - In: Journal of business and socio-economic development 3 (2023) 2, pp. 166-179
Purpose The study aims to examine the appropriateness of the coefficient of elasticity of trading (CET) as a measure of liquidity using Nigerian stock market data. Given that liquidity is multidimensional, the CET is complemented with the popular measure of liquidity, turnover ratio to explore...
