...Sasipa Pojanavatee; Russel Kingshott Purpose The purpose of this study is to examine the impact of liquidity, leverage and debt-to-equity (DE) ratio on the profitability of police savings and credit cooperatives (PSCC) within the emerging Thailand market. Design/methodology/approach The study...

... unconditional and conditional specifications is able to capture the book-to-market equity, liquidity and medium-term momentum effect. The size, market leverage and short-run momentum effect are found to be persistent in the Indian stock market even with the alternative conditional specifications of the FFM...