Showing 1 - 10 of 22
Persistent link: https://www.econbiz.de/10012301093
Persistent link: https://www.econbiz.de/10003707624
Persistent link: https://www.econbiz.de/10012172873
Persistent link: https://www.econbiz.de/10011698303
Persistent link: https://www.econbiz.de/10011798654
We document the negative effect of stock liquidity on default risk for a sample of 46 countries. We further find that default risk declines following the introduction of the Directive on Markets in Financial Instruments (MiFID)—an exogenous shock that increases liquidity. The effect of...
Persistent link: https://www.econbiz.de/10012854783
Persistent link: https://www.econbiz.de/10012296533
Persistent link: https://www.econbiz.de/10014543776
Persistent link: https://www.econbiz.de/10013473740
Persistent link: https://www.econbiz.de/10003873877