Anderson, Hamish D.; Peng, Yuan - In: Pacific Accounting Review 26 (2014) 3, pp. 160-176
Purpose – The purpose of this paper is to examine the impact on stock liquidity following the reduction of minimum tick size from $0.01 to $0.005 for a selection of dual-listed and property stocks on the New Zealand Exchange (NZX) during 2011. Design/methodology/approach – Various liquidity...