Firm's Information Environment and Stock Liquidity: Evidence from Tunisian Context

Nadia Loukil and Ouidad Yousfi ()
Additional contact information
Nadia Loukil: Fiesta

Papers from arXiv.org

Abstract: This paper analyzes the relationship between public disclosure, private information and stock liquidity in Tunisian context using a sample of 41 listed firms in the Tunis Stock Exchange in 2007. First, we find no evidence that there is a relation between public and private information. Second, Tunisian investors do not trust the information disclosed in both annual reports and web sites, consequently it has no effects on stock liquidity, in contrast with private information.

Date: 2013-04
New Economics Papers: this item is included in nep-cta
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Journal of Accounting in Emerging Economies, 2, 1 (2011) 30

Downloads: (external link)
http://arxiv.org/pdf/1304.4852 Latest version (application/pdf)

Related works:
Working Paper: Firm's Information Environment and Stock Liquidity: Evidence from Tunisian Context (2011)
Working Paper: Firm's information environment and stock liquidity: evidence from Tunisian context (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1304.4852

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().