Keywords: Trading volume
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Journal Articles
Pacific Accounting Review (2020) 32 (1): 82–95.
Published: 20 January 2020
... on various market quality factors such as liquidity, bid-ask spreads, volatility and market efficiency. Liquidity is proxied by trading volume. Bid-ask spreads provide a measure for the cost of trading in the market. Volatility is measured by using Parkinson’s (1980) volatility as in Huang and Tsai (2008...
Journal Articles
Pacific Accounting Review (2014) 26 (3): 160–176.
Published: 10 November 2014
.... Research shows large capitalisation and higher trading volume stocks benefit more from narrowing spreads (Bessembinder, 2003 ; Hsieh et al., 2008). Goldstein and Kavajecz (2000) and Jones and Lipson (2001) find increased transaction costs for large investors and institutional investors...

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