their impact on the liquidity and informed trading in the stock and option markets. Design/methodology/approach Using a … (SSB) on stock and option liquidity, expressed in terms of spread and volume. In addition, the PIN and option information … suggest that the SSB leads to a significant reduction in the liquidity of the affected stocks and their options. However, no …

price discovery process of the stock market; and whether the ban had any impact on market liquidity. Design …. The authors also find evidence of a liquidity decrease for short-sale intensive stocks. However, the evidence is … inconclusive as to whether the market efficiency and liquidity changes are solely the result of the short-sales ban or the compound …

, efficiency and liquidity) differences between family and non‐family small‐ to medium‐sized enterprises (SMEs). Design …

This study empirically examines the relation between profitability and liquidity, as measured by current ratio and cash … analysis the study found significant negative relation between the firm’s profitability and its liquidity level, as measured by … liquidity than current ratio that affects profitability. The size variable is also found to have significant effect on …

contributors and yield dispersion) to approximate corporatebond liquidity and use a five-variable model to control for maturity …, credit and currencydifferences between bonds. The null hypothesis that liquidity risk is not priced in our dataset of euro … corporate bonds is rejected for seven out of eight liquidity measures. We findsignificant liquidity premia, ranging from 9 to 24 …

conditions, i.e. the varying liquidity value ofeligible assets and the associated risk. This induces a liquiditypremium, which …