transaction costs of liquidity, credit risk, and other traditional bond pricing factors. Further, information asymmetry can help …Taking advantage of recently augmented corporate bond transaction data, we examine the pricing implications of informed … trading in corporate bonds and its ability to predict corporate defaults. We find that microstructure measures of information …

This study analyses how liquidity risk affects bonds' yield spreads after controlling for credit risk, bond … particular, the LOT liquidity measure has explanatory power for the yield spread of green bonds. Overall, however, the impact of … LOT decreases over time, implying that, nowadays liquidity risk is negligible for green bonds …

This study analyses how liquidity risk affects bonds' yield spreads after controlling for credit risk, bond … particular, the LOT liquidity measure has explanatory power for the yield spread of green bonds. Overall, however, the impact of … LOT decreases over time, implying that, nowadays liquidity risk is negligible for green bonds. …

dynamics of stock-bond return correlations poorly. Alternative factors, such as liquidity proxies, help explain the residual …

sensitive to cross-country differences in creditor protection and claims enforcement in a court of law. Bidder and target bonds … longer maturity bonds, bonds issued by firms with high asset risk, and bonds issued by firms with a higher likelihood of …

of the capital asset pricing model (CAPM) model and analysed portfolios based on three liquidity ratios and four solvency …The purpose of the article is to analyse the impact of various financial ratios used to evaluate a company’s liquidity … developing countries, the relationship between liquidity and solvency on the one hand and the return on equity on the other is …

on the yield spread of French 10-year bonds, relative to the German Bund of the same maturity for the period January 1999 …