Stopy zwrotu a wielkość obrotów na GPW w Warszawie

• Authors: Gurgul Henryk , Wójtowicz Tomasz

Title variants

EN

Returns versus trading volume on Warsaw Stock Exchange

• Languages of publication: PL

Abstracts

EN

In the paper the results of empirical investigations of dynamic relationships between extreme trading volume and subsequent stock returns on Warsaw Stock Exchange are presented. The event study methodology is applied. The dynamic relationship between the financial variables is rather weak and depends on kind and size of the stock exchange. The high-volume-return-premium is more pronounced for small size stocks with lower liquidity levels.

Keywords

PL

giełdy; stopy zwrotu; wielkość obrotów; zależności dynamiczne

EN

stock exchange; returns; trading volume; dynamic relationships

• Publisher: Polska Akademia Nauk
• Journal: Folia Oeconomica Cracoviensia
• Year: 2008-2009
• Volume: 49-50
• Pages: 31-45

Contributors

author

Gurgul Henryk

• Akademia Górniczo-Hutnicza w Krakowie

author

Wójtowicz Tomasz

• Akademia Górniczo-Hutnicza w Krakowie