Results 281 to 290 of about 458,438 (343)

Product market power and stock market liquidity

Journal of Financial Markets, 2011
Abstract Theory predicts that since a firm with market power has more stable cash flows because of its ability to set prices in the product market, its stock price is less sensitive to order flow ( Peress, 2010 ), which results in greater stock liquidity.
Jayant R. Kale, Yee Cheng Loon
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Does gender diversity on boards influence stock market liquidity? Empirical evidence from the French market

Corporate Governance: The International Journal of Business in Society, 2019
Purpose The purpose of this paper is to examine the gender diversity on boards and its effect on stock market liquidity in French boardrooms. Design/methodology/approach Using a sample of French firms between 2002 and 2012 listed on the Paris Stock ...
Nadia Loukil, O. Yousfi, R. Yerbanga
semanticscholar   +1 more source

The dynamic relationship between internet attention and stock market liquidity: A thermal optimal path method

, 2020
Financial theory holds that attention plays a significant role in the information response, and internet attention has been used widely to explore their influence on stock market microstructure. Based on the thermal optimal path method and social network
Yang Gao, Kun-li Zhao, Chao Wang, Chao Liu   +3 more
semanticscholar   +1 more source

Liquidity, Stock Markets, and Market Makers

Financial Management, 1987
0 One of the great features of that legal creature we call the corporation is how readily it facilitates transferring ownership in a business. Perhaps the most impressive consequence of that feature has been the development of organized stock markets, in which people can transfer their ownership in corporations without any direct negotiation or contact
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Investor sentiment and stock market liquidity: Evidence from an emerging economy

Journal of Behavioral and Experimental Finance, 2019
I investigate the relationship between the stock market liquidity and investors sentiment. The significance of the liquidity in asset pricing is well documented, but little attention is paid in the empirical literature to the effect of investors ...
J. Kumari
semanticscholar   +1 more source

Liquidity, Skewness and Stock Returns: Evidence from Chinese Stock Market

Asia-Pacific Financial Markets, 2010
In this paper, a capital asset pricing model (CAPM) incorporating liquidity and skewness factors is proposed and tested by using the Chinese stock market data. The empirical results indicate that, under various market conditions, the liquidity-adjusted three-moment CAPM provides a better fit to the realized returns of various stock portfolios. Overall,
Langnan Chen, Steven Li, Jinan Wang
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Investor sentiment and emerging stock market liquidity

Finance Research Letters, 2017
This study examines the impact of local and foreign investor sentiment on emerging stock market liquidity. We find a positive (negative) effect of investor sentiment on liquidity (illiquidity).
Byomakesh Debata, S. R. Dash, Jitendra Mahakud   +2 more
semanticscholar   +1 more source

Stock Market Liquidity: Indian Experience

SSRN Electronic Journal, 2011
The measurement of the market liquidity is a tricky exercise. The complexity stems from at least two factors: first, the multidimensional nature of market liquidity, and, second, its close relationship with market efficiency. To see the multidimensional nature of market liquidity, it suffices to evoke its common definition: a liquid market allows ...
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Market Stock Liquidity and Corporate Governance

SSRN Electronic Journal, 2012
In this paper, we investigate the empirical relation between corporate governance and stock market liquidity of the French firms. Based on a cross-sectional analysis, our study of the empirical relation between the corporate governance and the stock liquidity was realized on 155 French companies during 2008 and 2009.
Majdi Karmani, Aymen Ajina
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Dynamic relationship between RMB exchange rate index and stock market liquidity: A new perspective based on MF-DCCA

Physica A: Statistical Mechanics and its Applications, 2018
Using multifractal detrended cross-correlation analysis (MF-DCCA), this research investigates the dynamic relationship between the RMB exchange index and the liquidity of the Shanghai and Shenzhen stock market during the period from 22 June 2010 to 17 ...
Wei Li, Xinsheng Lu, Yongping Ren, Ying Zhou   +3 more
semanticscholar   +1 more source