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The informational variables impact on firm’s liquidity in the French market

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  • Faten Moussa
  • Ezzeddine Delhoumi

Abstract

This paper investigates the informational variables impact on stock liquidity in the French market. We use two types of informational variables: Google search volume from Google Trends database as a proxy of information demand and news headlines for each stock as a proxy for information supply. Concerning the liquidity proxies, we use these measures: the quoted spread, the turnover price impact and the Amihud illiquidity ratio. The results indicate that information variables have an influence on stock liquidity.

Suggested Citation

  • Faten Moussa & Ezzeddine Delhoumi, 2022. "The informational variables impact on firm’s liquidity in the French market," International Journal of Accounting, Business and Finance, Indian Accounting Association, Patna Branch, vol. 2(1), pages 1-13.
    • Handle: RePEc:dbs:ijabfi:v:2:y:2022:i:1:p:1-13:id:94
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    References listed on IDEAS

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    1. Amir Rubin & Eran Rubin, 2010. "Informed Investors and the Internet," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 37(7‐8), pages 841-865, July.
    2. Amir Rubin & Eran Rubin, 2010. "Informed Investors and the Internet," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 37(7-8), pages 841-865.
    3. Vlastakis, Nikolaos & Markellos, Raphael N., 2012. "Information demand and stock market volatility," Journal of Banking & Finance, Elsevier, vol. 36(6), pages 1808-1821.
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