We examine how ownership concentration and the separation of ownership and control affect market liquidity in France …. We find that firms with a large insider blockholder exhibit significantly lower liquidity. Different methods of … concentrating control affect liquidity in different ways. Pyramid structures negatively affect liquidity for all pyramiding firms …

This paper examines the impact of market liquidity on seasoned equity offerings (SEO) characteristics in France. We … find that, besides blockholders’ takeup, liquidity is an important determinant of SEO flotation method choice. We document … higher direct equity offering flotation costs, but also improved stock market liquidity after public offerings and standby …

analyses trends in secondary bond markets, including market liquidity, the role of market makers and the relatively slow …

We find that U.S. corporations' demand for liquidity is sensitive to two important factors: uncertainty facing the firm … important role in managing liquidity risks. Policy recommendations may not only be limited to changes in financial policy but …

presents a challenge due to the endogeneity of ownership structures. However, unlike other blockholders, individuals tend to … addition, our analysis shows that large shareholders reduce the liquidity of the firm’s stock. …

abolition of preference shares. First, as the separation of ownership and control is viewed as a means of keeping control over a … firm, a detailed analysis of changes in the ownership structure of firms abolishing their preference shares is performed … intraday trading data to analyze liquidity effects on the cost of capital associated with the unification. In sum, the …

basis size is closely related to measures of company-specific credit risk and liquidity, and to market conditions. In … risk, liquidity, and market measures even more strongly than the basis itself, and we show which conditions make long and …

basis size is closely related to measures of company-specific credit risk and liquidity, and to market conditions. In … risk, liquidity, and market measures even more strongly than the basis itself, and we show which conditions make long and …

: i) announcements and actions related to extension of central bank liquidity and ii) secondary market purchases. We find …, sovereign debt purchases are found to instantaneously lower and flatten the curve, while liquidity related actions steepen the …

surprises, which suggests that private information does not hinder CDS liquidity. …