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liquidity is affected. Previous research has mainly focused on the issue in developed markets, whereas in developing countries … there is a need to analyze the influence of corporate governance on stock market liquidity. Therefore, the present study … aims to examine the impact of ownership structure and board characteristics on stock market liquidity of non …
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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 …
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