Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10001739253
Persistent link: https://www.econbiz.de/10001672940
Many firms have stockholders who face severe restrictions on their ability to sell their shares and diversify the risk of their personal wealth. We study the costs of these liquidity restrictions on stockholders using a continuous-time portfolio choice framework. These restrictions have major...
Persistent link: https://www.econbiz.de/10005828558
Persistent link: https://www.econbiz.de/10005376747
Persistent link: https://www.econbiz.de/10006973954
Persistent link: https://www.econbiz.de/10006507474
Many firms have stockholders who face severe restrictions on their ability to sell their shares and diversify the risk of their personal wealth. We study the costs of these liquidity restrictions on stockholders using a continuous-time portfolio choice framework. These restrictions have major...
Persistent link: https://www.econbiz.de/10012763012
Many firms have stockholders who face severe restrictions on their ability to sell their shares and diversify the risk of their personal wealth. We study the costs of these liquidity restrictions on stockholders using a continuous-time portfolio choice framework. These restrictions have major...
Persistent link: https://www.econbiz.de/10012469745