improves with liquidity. For non-financial firms, sources of liquidity are twofold: internal, by keeping cash, and external … financial system differences by focusing on corporate liquidity.  …

participants, since, assuming the validity of the expectation theory of the term structure of interest rates, expectations with … relationships. The usefulness of the model is illustrated by applying it to the analysis of three alternative liquidity management …

unavoidable risk of return with liquidity measure. Therefore, based on the theories of financial investment, this research profile … the risk return and liquidity characteristics of three different open-ended funds in China, which are helpful to making … eventually obtaining a fund which has smaller relative liquidity risk and higher return after comparing. Hence, the investor can …

well as a liquidity measure. Based on the unique data set, we document that spreads of Länder yields to the Bund are driven …

This paper examines the effects of automation on the liquidity, volatility, returns and efficiency of shares traded on … infrequently traded securities. While our results show an improvement in the liquidity of shares following the automation, returns …

Purpose – The purpose of this paper is to examine corporate liquidity management of companies listed on the Ghana Stock … Exchange (GSE) with the aim of ascertaining the determinants of corporate liquidity holdings. Design/methodology/approach – The …. Findings – Leverage is found to be not significant to Ghanaian‐listed firms' liquidity demand perhaps due to the developmental …

market quality variables, such as liquidity (bid‐ask spread and price impact), daily and intraday volatility and trading … and orders from the exchange. Findings The evidence suggests that X‐Stream improved the liquidity and trading activity and … operational capabilities on a small and low‐liquidity emerging stock market.  …