automatically facilitate lower risk taking levels – where there is scope for the abuse of powers. As well as illustrating why …

The article deals with the liquidity risk in the banks in the context of the financial crisis. At first, the balance … sheet and market liquidity are defined and the main principles of the methods for measuring liquidity risk, which banks use …, are identified. Then follow review of main challenges of managing the liquidity of banks. Finally, it discusses …

the liquidity of a firm's equity and activism by large shareholders. I find that liquidity increases the likelihood of … evidence that the threat of exit from a block can discipline managers and that this threat is more effective when liquidity is … higher. While liquidity increases exit from existing blocks, I find no evidence that share illiquidity that forces …

Grounded in agency theory, this study explores the effect of corporate governance on equity liquidity in Thailand … selection. Facing less adverse selection problems, traders provide more liquidity to stocks of well-governed firms. Based on a … liquidity within firms over time. In particular, within firms, when governance quality increases, liquidity significantly …

analyses trends in secondary bond markets, including market liquidity, the role of market makers and the relatively slow … higher expected returns. This shift also seems to be associated with higher risk-taking. We also conclude that the degree of …

liquidity are not perfectly compatible with each other. We analyse the tradeoff between these two objectives for two different …

We examine whether and, if so, how a U.S. cross-listing mitigates the risk that managers will squander corporate cash …

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