Abstract
Liquidity risk was chosen as the dependent variable in this study because it is an important factor for the company. Liquidity risk need to be managed effectively and efficiently by the company to avoid any problem for the company. This study is to investigate the relationship of the between the liquidity risk and firm specific factors and macro-economic factors. Firm specific factors and macro-economic factors of this study is an independent variables. This study employs time series regression analysis of firms in hotel industry which is Mandarin Oriental Hyde Park hotel that located in United Kingdom from year 2012 to 2016. The analysis shows that firm-specific factors (average collection period and corporate governance index score) and macro-economic factor (company’s beta) influence the liquidity risk of the firms.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
