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1. Introduction ………………………………………………………………………………………………………….1
1.1 Background of the study………………………………………………………………………………………..1
1.2 Statement of the problem……………………………………………………………………………………..2
1.3 Objective of the study…………………………………………………………………………………………….2
1.3.1. General objective…………………………………………………………………………………………….2
2 Review if literature………………………………………………………………………………………………………5
2.1. Theory………………………………………………………………………………………………………………….…..5
2.1.2. Liquidity………………………………………………………………………………………………………………….7
2.2. Empirical……………………………………………………………………………………………………………….……20
3 Research methodologies………….……………………………………………………………………………….....24
5.1. Conclusion..............................................................................................................35
5.2 Recommendation.....................................................................................................35