Jiang, Jing - In: Review of Accounting and Finance 16 (2017) 1, pp. 67-85
(i.e. more efficient) for stocks with better liquidity provision, frequent trading, greater return volatility, higher … prices, larger market capitalizations and smaller trade sizes. These findings suggest that liquidity stimulates arbitrage …/implications Overall, these results indicate that liquidity provision, stock attributes and market structure exert a significant impact on …