The relationship between the percentages of free float and liquidity of shares of companies in the Philippine Stock Exchange
Date of Publication
2017
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Management of Financial Institutions
Subject Categories
Finance and Financial Management
College
Ramon V. Del Rosario College of Business
Department/Unit
Financial Management
Defense Panel Member
Tyrone Chan Pao
Rene Betita
, Marycris Albao
Abstract/Summary
Free float shares, also known as public shares, is the amount of shares publicly available for trading. Since 2012, a minimum public ownership (MPO) requirement has been imposed by the Philippine Securities and Exchange Commission (SEC). Before its implementation, most public companies had low free float meaning that there is only a limited number of public shares. Through the use of time series linear regression, the effects of free float to market liquidity of stocks were tested. This study made use of share turnover ratio, number of transactions, and volume as indicators of market liquidity. Results show that there is a significant relationship between percentages of free float and market liquidity of shares.
Abstract Format
html
Language
English
Format
Accession Number
TU21192
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
122 leaves : illustrations (some color) ; 29 cm.
Keywords
Stock exchanges--Philippines; Stocks--Philippines
Recommended Citation
Co, E., Chua, A., Gonzalo, P., & Sy, N. (2017). The relationship between the percentages of free float and liquidity of shares of companies in the Philippine Stock Exchange. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/9019