Does environmental reporting improve stock market liquidity: empirical evidence from PLC in Bursa Malaysia / Muhammad Hafizuddin Selamat
The objective of this paper is to analyzes the relationship between the environmental disclosure reporting and the liquidity of the companies' market stock in a sample of 73 leading companies listed in Bursa Malaysia from 2010 until 2019. To check the scope of information revealed and published...
محفوظ في:
| المؤلف الرئيسي: | |
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| التنسيق: | أطروحة |
| اللغة: | English |
| منشور في: |
2021
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| الموضوعات: | |
| الوصول للمادة أونلاين: | https://ir.uitm.edu.my/id/eprint/60488/1/60488.pdf |
| الوسوم: |
إضافة وسم
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| الملخص: | The objective of this paper is to analyzes the relationship between the environmental disclosure reporting and the liquidity of the companies' market stock in a sample of 73 leading companies listed in Bursa Malaysia from 2010 until 2019. To check the scope of information revealed and published by listed companies. For stock market liquidity in this study use bid-ask spreads as a proxy which measuring the average spread between the bid and ask price. Pearson correlation and multiple regression tests are conducted to run the objectives of study. The findings indicates that ESG score is correlated positively with bid ask spread, market size and volume which implying that environmental reporting has a no significant relationship with the stock market liquidity. The environmental reporting level could give influence on the stock market liquidity. |
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