The Effect of Corporate Governance on Liquidity: Voluntary Disclosure, Analyst Coverage, and Adverse Selection as Mediating Mechanisms

The Effect of Corporate Governance on Liquidity: Voluntary Disclosure, Analyst Coverage, and Adverse Selection as Mediating Mechanisms

Our paper examines how a firm’s corporate governance relates to the liquidity (i.e., bidask spread) of its stock. In particular, we focus on how voluntary disclosure, analyst coverage, and adverse selection among investors mediate this relation. Our results show that better corporate governance, in...

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書目詳細資料
Main Authors:	GOH, Beng Wee, NG, Jeffrey, OW YONG, Kevin
格式:	text
語言:	English
出版:	Institutional Knowledge at Singapore Management University 2009
主題:	Corporate governance voluntary disclosure analysts adverse selection liquidity Accounting Business Law, Public Responsibility, and Ethics
在線閱讀:	https://ink.library.smu.edu.sg/soa_research/20 http://www.mccombs.utexas.edu/dept/finance/fea/a2-voluntary%20disclosure10-17-08.pdf
標簽:	添加標簽沒有標簽, 成為第一個標記此記錄!
機構:	Singapore Management University
語言:	English

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