Results 271 to 280 of about 422,036 (343)

Speed Bump and Stock Market Quality: Evidence From NYSE American

open access: yesFinancial Management, EarlyView.
ABSTRACT Should trading speed of high‐frequency traders be regulated? Using the data from the New York Stock Exchange American, this paper examines the impact of a speed bump on market liquidity and price discovery. Our results indicate that the use of a speed bump can lower the costs of adverse selection through reducing informed trading.
Bo Liu, Ke Xu
wiley   +1 more source

Do Busy Bees Still Make Honey? Examining the Impact of Non‐CEO Executives’ Outside Roles on Firm Performance

open access: yesFinancial Review, EarlyView.
ABSTRACT We examine how non‐CEO executives (NCEs) serving on outside boards affect their focal firm performance. Firms with such NCEs exhibit lower return on asset (ROA) and profit margins than those without. These effects begin after board service starts, are not explained by busy boards or CEOs, and persist at least a year.
Md Raihan Uddin Chowdhury   +2 more
wiley   +1 more source

Search and Inventory in Over‐the‐Counter Markets

open access: yesInternational Economic Review, EarlyView.
ABSTRACT We investigate the sources of the dealer centrality premium in the over‐the‐counter market for corporate bonds. We model dealer heterogeneity by allowing the dealer's status in the network to determine search effort and inventory costs when choosing to conduct riskless principal or principal trades.
Evan Dudley, Hongfei Sun, Chengjie Diao
wiley   +1 more source

The effectiveness of vocational secondary education on entry‐level job outcomes in Japan: Safety net for low‐educated youth in a vocationally weak educational system

open access: yesJapanese Journal of Sociology, Volume 34, Issue 1, Page 186-205, March 2025.
Abstract The aim of this paper is to analyze the sociodemographic compositions and labor market entry of low‐educated youth in Japan. The paper specifically focuses on whether vocational education provides a safety net for labor market insecurities during an era of educational expansion.
Katsunori Ogawa
wiley   +1 more source

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