document higher direct flotation costs, but also improved stock market liquidity after public offerings and standby rights … relative to uninsured rights. We find that blockholder renouncements to subscribe to new shares and stock market liquidity are … that public offerings are cost effective and more liquidity improving than standby rights whereas an uninsured rights …

document higher direct flotation costs, but also improved stock market liquidity after public offerings and standby rights … relative to uninsured rights. We find that blockholder renouncements to subscribe to new shares and stock market liquidity are … that public offerings are cost effective and more liquidity improving than standby rights whereas an uninsured rights …

influence the liquidity of Greek listed firms. It also explores the main factors that drive the level of operating cash flow … (OCF). By simulating a decrease of 50% and 75% in sales, we perform stress-tests on three liquidity ratios for 154 listed … about one year, whereas about 12% would become illiquid within two years. It is also observed that liquidity does not …

This study contains the effects of bid-ask spread, firm size and liquidity against price reversal phenomena at …

We examine how ownership concentration and the separation of ownership and control affect secondary-market liquidity in … France. We find that firms with a large insider blockholder exhibit significantly lower liquidity. However, different methods … of enhancing control affect liquidity in different ways. Pyramid structures impair market liquidity. Double voting right …

This paper explains the emergence of liquidity traps in the aftermath of large-scale financial crises, as happened in … long time. -- liquidity trap ; financial crisis ; rare disasters ; equity capital ; leverage ; bankruptcy risk …

Since the outset of the recent financial crisis, liquidity problems have been cited as the cause behind the … role for bankruptcy as a provider of liquidity. The Creditors' Bargain theory argues that bankruptcy law should be limited …-in-possession financing, sales free and clear of liens, and coerced loans can be seen as liquidity-providing rules that target either debt …