Journal of Contemporary Issues in Business Research

ISSN 2305-8277
A Survey on Firm Performance of the Listed Tunisian Companies
A survey on firm performance of the Listed Tunisian Companies
Nadia Belkhir Boujelbéne
Author Affiliations
  • Research Unit Corporate Finance Financial Theory – COFFIT, University of Sfax, Tunisia

  • Abstract

    In this paper, we present an original essay that aims to discuss the relationship between return on equity and illiquidity in some selected firms in Tunisian Stock Exchange. We concentrate especially on the effect of the impact of cost liquidity on firm performance. The result of the survey indicates that there is a positive relationship between firms’ performance and illiquidity. In other words, firms’ performance includes an illiquidity premium which compensates the transaction costs borne by the investors in the market.

    Keywords
    Firm performance, Illiquidity, Return on equity; Cost Liquidity; Tunisian stock exchange.

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    MLA
    Boujelbéne, Nadia Belkhir." A survey on firm performance of the Listed Tunisian Companies." Journal of Contemporary Issues in Business Research 3.4 (2014): 190-199.
    APA
    Boujelbéne, Nadia Belkhir." A survey on firm performance of the Listed Tunisian Companies." Journal of Contemporary Issues in Business Research 3 no. 43 (2014): 190-199.
    Chicago
    Boujelbéne, N. B. (2014). A survey on firm performance of the Listed Tunisian Companies. Journal of Contemporary Issues in Business Research , 3(4), 190-199.
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    First published online before print: 2014
    Vol. 3, No. 4, 2014, pp. 190-199
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