Title

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 Department

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

Print

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

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