Boujelbene, Nadia Belkhir; Bouri, Abdelfatteh; Prigent, … - In: International Journal of Managerial and Financial Accounting 3 (2011) 1, pp. 91-109
The aim of this paper is to identify and analyse the influence of ownership concentration on stock market liquidity in general, and the adverse selection component of the spread in particular for a panel of Tunisian firms from 2001 to 2007. We document that firms with greater insider ownership...