We examine the relation between market liquidity and ownership concentration and the effect of different types of … blockholders on stock market liquidity in Germany. For the overall sample high ownership concentration is negatively related to … market liquidity as measured by an order-size-dependent volume-weighted spread measure, which is called Xetra liquidity …

market. In particular, we investigate the effect of changes in credit, liquidity and rollover risk. This is important, as … significantly change the debt maturity structure and liquidity risk of these bonds. We find the size of the average announcement …. Furthermore, we document a permanent increase of 15% in the liquidity of these bonds. We find only small negative returns for …

measure that captures company distress levels more accurately. It is found that liquidity, proxied by a trading noise …-to-default measures. When our new liability and liquidity adjusted measure is used, a clearer picture of distress premium emerges. Our …

projects with positive but small net present value, firms may be forced to default in the first phase. We call this liquidity …

The purpose of the article is to analyse the impact of various financial ratios used to evaluate a company’s liquidity … developing countries, the relationship between liquidity and solvency on the one hand and the return on equity on the other is … of the capital asset pricing model (CAPM) model and analysed portfolios based on three liquidity ratios and four solvency …

This paper examines how equity analysts' roles as information intermediaries and monitors affect corporate liquidity … policy and its associated value of cash, providing new evidence that analysts have a direct impact on corporate liquidity …