[eng] In this article, we present some arguments of recent research concerning how (1) stock exchanges organisation and (2) financial markets liquidity influence cost of capital and the quoted firms’ value. . JEL classification : G14

[eng] Liquidity, cost of capital and the organization of trading in stock markets . In this article, we present some arguments of recent research concerning how (1) stock exchanges organisation and (2) financial markets liquidity influence cost of capital and the quoted firms’ value. . JEL...