Vera, Antonio Mínguez; Ugedo, Juan Francisco Martín - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2003
This paper analyzes the relationship between ownership concentration andshares liquidity for a sample of 115 listed … directors,major shareholders and outside shareholders on liquidity. We do not find evidence ofthe influence of liquidity on the …. Therefore,firms with higher ownership concentration present larger informative asymmetry,having less liquidity. Este trabajo …