. Findings Results revealed that liquidity may be considered the most important form of financial flexibility for firms in … transitioning economies, due to constrained capital markets. Blockholder firms also focus on liquidity out of a concern for … recovering their substantial investment. This study suggested that in addition to an emphasis on liquidity, blockholder owners …

controlling shareholders may improve family firms’ corporate and stock liquidity, compared to non-family firms. Design … firms are more conservative by hoarding more corporate liquid assets (as measured by accounting balance sheet liquidity … exhibit higher level of stock liquidity and lower liquidity risk as measured by effective bid–ask spread than non-family firms …

Greek listed firms exercise on the relation between investment and liquidity constraints. Design …

corresponds to the periphery. Design/methodology/approach In this paper, the authors explore how a liquidity shock (or a decrease … economies. Findings The authors find that a combination of an increase in liquidity in the euro area coming from the common … counterpart to empirical studies that show, through macroeconometric models, the interrelation between liquidity and other shocks …

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 …

decomposition of demand side factors. To decompose those demand side factors further, the US dollar liquidity was added into the … model. The results show that the impact of US dollar liquidity on the fluctuation of oil prices cannot be ignored. The …

narrower aspect of financial reforms, namely, the impact on stock market liquidity. Findings – Using a data set drawn from the … Shanghai stock market, the authors find a positive and significant liquidity impact associated with the recent round of …

varied greatly in age. Findings – Effective liquidity served largely as the basis for categorizing gift cards. The greater a … card's effective liquidity, the more its economic impact on the recipient resembles that of cash. The results indicated the … following: face value affects recipient preference for effective liquidity; the giver‐getter relationship affects recipient …