Corporate Governance and Liquidity: An Exploration of Voluntary Disclosure, Analyst Coverage and Adverse Selection as Mediating Mechanisms
Our paper focus on how voluntary public disclosure, analyst coverage and adverse selection among investors mediate this relation between corporate governance and liquidity. Our results show that better corporate governance, in terms of greater board independence and greater institutional monitoring,...
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Main Authors: | GOH, Beng Wee, NG, Jeffrey, OW YONG, Kevin |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2009
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Online Access: | https://ink.library.smu.edu.sg/soa_research/1 http://aaahq.org/AM2009/abstract.cfm?submissionID=1489 |
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Institution: | Singapore Management University |
Language: | English |
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