The purpose of this study examined the relationship between information transparency and stock market liquidity of Mongolia. In other words this thesis applies the ways in which to improve market liquidity in further development of Mongolian Stock Market (MSE).
Based on the result of multiple linear regression analysis using the financial data of 64 listed companies on Mongolian Stock Exchange, the results indicated that higher transparency is lower volatility and effective spread. It means that financial transparency has an effect on Mongolian Stock Market Liquidity.

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