TBU Publications
Repository of TBU Publications

The Relationship Between Trading Volume and Stock Returns

DSpace Repository

Show simple item record

dc.title The Relationship Between Trading Volume and Stock Returns en
dc.contributor.author Chandrapala, Pathirawasam
dc.relation.ispartof Journal of Competitiveness
dc.identifier.issn 1804-1728 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2011
utb.relation.volume 3
utb.relation.issue 3
dc.citation.spage 41
dc.citation.epage 49
dc.type article
dc.language.iso en
dc.publisher Univerzita Tomáše Bati ve Zlíně (UTB) cs
dc.publisher Tomas Bata University in Zlín en
dc.relation.uri https://www.cjournal.cz/index.php?hid=clanek&bid=archiv&cid=65&cp=
dc.subject trading volume en
dc.subject stock returns en
dc.subject Colombo Stock Exchange en
dc.description.abstract This study examines the relationship between trading volume and stock returns. The sample of the study consists of 266 stocks traded at the Colombo Stock Exchange (CSE) from 2000-2008. This study follows the conventional methodology used by Jagadeesh and Titman (Jagadeesh and Titman, 1993). The study revealed that stock returns are positively related to the contemporary change in trading volume. Further, it was found that past trading volume change is negatively related to stock returns. Investor misspecification about future earnings or illiquidity of low volume stocks can be the reason for the negative relationship between trading volume and stock returns. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1002721
utb.identifier.rivid RIV/70883521:28120/11:43867355!RIV12-MSM-28120___
utb.identifier.obdid 43867615
utb.source j-orig
dc.date.accessioned 2012-02-16T16:00:25Z
dc.date.available 2012-02-16T16:00:25Z
dc.rights Attribution 4.0 International
dc.rights.uri http://creativecommons.org/licenses/by/4.0/
dc.rights.access openAccess
utb.contributor.internalauthor Chandrapala, Pathirawasam
Find Full text

Files in this item

Show simple item record

Attribution 4.0 International Except where otherwise noted, this item's license is described as Attribution 4.0 International