The aim of the current paper is to study the link between the effects of corporate governance on information asymmetry problems and stock liquidity in the Tunisian Stock Market. We use a sample of 49 Tunisian firms listed between 1998 and 2007. Our results show that corporate governance has...

Purpose: The purpose of this paper is to examine the gender diversity on boards and its effect on stock market liquidity in French boardrooms. Design/methodology/approach: Using a sample of French firms between 2002 and 2012 listed on the Paris Stock Exchange (SBF120), the study uses ordinary...

Purpose: The purpose of this paper is to investigate the effect of female members in boards of directors on asymmetric information in the French stock market. Design/methodology/approach: The authors use two proxies for asymmetric information: the idiosyncratic volatility and the bid-ask...

This paper analyzes the relationship between public disclosure, private information and stock liquidity using a sample of 41 listed firms in the Tunis Stock Exchange in 2007. First, our results provide evidence that public and private information are independent. Second, Tunisian investors do...

This paper analyzes the relationship between public disclosure, private information and stock liquidity in Tunisian context using a sample of 41 listed firms in the Tunis Stock Exchange in 2007. First, we find no evidence that there is a relation between public and private information. Second,...

The aim of the current paper is to study the link between corporate governance and stock liquidity. We analyze first the effects of corporate governance on asymmetric information in stock market, and then we see whether these effects improve or decrease stock liquidity. We consider a sample of...

It is well documented in economic, psychological and social literatures and the few recent studies in finance that women are more risk averse than men. The current study investigates the influence of board gender-diversity in firm risk taking in a developing market.Using a sample of Tunisian...

This study investigates the effect of gender diversity on boards on information asymmetry problems in the French stock market. We use Bid-Ask Spread BASP estimator of Corwin and Schultz (2012) as a proxy for asymmetric information in stock markets. The study shows the following results. First,...

This study examines whether and how female board directors may affect stock market liquidity. The empirical analysis is drawn on a sample of 81 firms listed on the SBF 120 between 2002 and 2012. The paper considers several measures of liquidity and gender diversity. To assess the quality of...