Results 131 to 140 of about 458,438 (343)
Liquidity and Dividend Policy [PDF]
We document the association between a firm's payout policy and its stock's liquidity. In particular, we show that dividend-paying firms have a more liquid market for their stock and measures of a stock's liquidity is positively linked to its probability ...
de Paula, Aureo +2 more
core +1 more source
Reputational Risk: An Investigation Into How Environmental Failures Drive Stock Price Crashes
Business Strategy and the Environment, EarlyView.ABSTRACT The study examines the relationship between stock price crashes and firm environment reputational risk. Using a large sample of US listed firms, covering a time span from 2007 to 2021, we test the effect of environmental reputation risk on three measures for the stock price crash risk (NEGCSK, DRUV, and CRASH).
Man Dang +4 more
wiley +1 more source
Liquidity Risk and Expected Stock Returns [PDF]
This study investigates whether market-wide liquidity is a state variable important for asset pricing. We find that expected stock returns are related cross-sectionally to the sensitivities of returns to fluctuations in aggregate liquidity.
Lubos Pastor, Robert F. Stambaugh
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Common determinants of bond and stock market liquidity: The impact of financial crises, monetary policy, and mutual fund flows [PDF]
, 2001 We study common determinants of daily bid-ask spreads and trading volume for the bond and stock markets over the 1991-98 period. We find that spread changes in one market are affected by lagged spread and volume changes in both markets.
Chordia, Tarun +2 more
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Business Strategy and the Environment, EarlyView.ABSTRACT This paper examines the association between environmental, social, and governance (ESG) ratings and firm performance, taking into account the role of firms' strategic investments in research and development (R&D) and advertising. Drawing on resource‐based view and signalling theory perspectives and employing the generalised method of moments ...
Syed Zulfiqar Ali Shah +2 more
wiley +1 more source
Stock Market Liquidity: Comparative Analysis of Croatian and Regional Markets [PDF]
Financial Theory and Practice, 2008 On the Croatian stock market liquidity has never been in the focus of academic research thus we find it necessary to observe liquidity at the aggregate level.
Vladimir Benić, Ivna Franić
doaj
Business Strategy and the Environment, EarlyView.ABSTRACT This paper investigates innovative financing strategies to mobilise private capital for climate adaptation, emphasising Hong Kong's role in advancing efforts across Southeast Asia. Using expert interviews and case studies, it addresses two key questions: which financial instruments can strengthen public–private collaboration, and what best ...
Laurence L. Delina +5 more
wiley +1 more source
Analisis Pengaruh Market Liquidity dan Market Risk Terhadap Return Saham pada Periode Bubble (Studi pada Bursa Efek Indonesia tahun 2007 s.d. 2016) [PDF]
, 2017 Research related to the bubble condition on the stock market is quite a rare research. Liquidity has a role in bubble formation in a market but another thing to note is the risk factor.
ARFINTO, Erman Denny, WIRAWAN, Dionisius
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Turning Carbon Into Cash? Cross‐Country Evidence on the Profitability of Emission Reductions
Business Strategy and the Environment, EarlyView.ABSTRACT Does corporate CO2 abatement pay? We assembled an international panel of listed firms (2019–2023), linking Scope 1–2 emissions to institutional (G7, CCPI) and search‐based attention measures. The dataset consists of an unbalanced panel of 1724 multinational firms, together with a sub‐sample of 922 firms operating in G7 economies. Firm and time
Mauro Aliano +3 more
wiley +1 more source
The Liquidity Premium in Equity Pricing under a Continuous Auction System. [PDF]
The paper shows that the cost of illiquidity is not (positively) priced over all months in the Spanish continuous auction system, where liquidity is provideh in the absence of market makers. Two distinct approaches are employed.
Rubio, Gonzalo, Tapia, Mikel
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