Factors that In uence illiquidity in the South African Banking Industry: Empirical Evidence of Commercial Banks

dc.contributor.authorTsela, Sifiso.
dc.date.accessioned2020-03-11T09:51:04Z
dc.date.available2020-03-11T09:51:04Z
dc.date.issued2019
dc.description.abstractThis paper investigates the determinants of illiquidity in the South African banking industry using listed commercial banks. We selected two theoretically established illiquidity measures and perform empirical analysis using rms spe- ci c variables and macroeconomic variables. A xed e¤ect regression model was adopted and the empirical results indicate that total cash to assets ratios and rms market size as proxy by market capitalization are the signi cant factors that in uence illiquidity in the South African banking industry. These results are consistent with the ndings in the literature. Furthermore, we nd no dif- ference between the illiquidity measures used in the study as they lead to the same conclsuion. Keywords: Commercial banks, illiquidity, rms speci c factors 2en_ZA
dc.description.librarianGR 2020en_ZA
dc.facultyFaculty of Commerce.Law and Managementen_ZA
dc.format.extentOnline resource (26 leaves)
dc.identifier.citationTsela, Sifiso Zwelonke, Factors that influence illiquidity in the South African Banking Industry :empirical evidence of commercial banks, University of the Witwatersrand, Johannesburg, https://hdl.handle.net/10539/29113
dc.identifier.urihttps://hdl.handle.net/10539/29113
dc.language.isoenen_ZA
dc.subject.lcshLiquidity (Economics)
dc.subject.lcshFinancial institutions
dc.subject.lcshBanks and banking--South Africa
dc.titleFactors that In uence illiquidity in the South African Banking Industry: Empirical Evidence of Commercial Banksen_ZA
dc.typeThesisen_ZA
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