insurance companies for the period 1997 to 2010. We find that differences in company size, capital structure, liquidity, and …

Is greater trading liquidity good or bad for corporate governance? We address this question both theoretically and … information concerns her own plans for taking an active role in governance. We show that an increase in the liquidity of the firm …'s stock increases the likelihood of the large investor ‘taking the Wall Street walk.’ Thus, higher liquidity is harmful for …

This paper examines the hypotheses that liquidity improves corporate governance, and better governance enhances … valuation of Russian firms. We find a positive causal relationship between measures of liquidity and corporate governance … important role of liquidity in improving corporate governance and valuation. …

the liquidity of a firm's equity and activism by large shareholders. I find that liquidity increases the likelihood of … evidence that the threat of exit from a block can discipline managers and that this threat is more effective when liquidity is … higher. While liquidity increases exit from existing blocks, I find no evidence that share illiquidity that forces …

Grounded in agency theory, this study explores the effect of corporate governance on equity liquidity in Thailand … selection. Facing less adverse selection problems, traders provide more liquidity to stocks of well-governed firms. Based on a … liquidity within firms over time. In particular, within firms, when governance quality increases, liquidity significantly …

liquidity are not perfectly compatible with each other. We analyse the tradeoff between these two objectives for two different …

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

, liquidity management, and synergy improvements that reduce risk. The outcomes of such trade-offs may depend on bank governance … geographic scope tend to provide diversification gains and reduce idiosyncratic and liquidity risks while also increasing BHCs … this type of complexity, leading to a decrease in systemic risk and an increase in liquidity risk among BHCs. While bank …

Our study investigates the interlink between liquidity, corporate governance and firm value with the adoption of meta … relationship direction, the paper also looks into its heterogeneity. The existence of heterogeneity is confirmed in both liquidity …