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Shaping Liquidity: On the Causal Effects of Voluntary Disclosure

Balakrishnan, Karthik. - ; Billings, Mary Brooke. Kelly Bryan, Ljungqvist, Alexander. - ;

Can manager influence the liquidity of their firms' shares? we use plausibly exogenous variation in the supply of public information to show that firms actively shape their information environments by voluntarily disclosing more information than regulation mandate and that such efforts improve liquidity..Printed Journal


Ketersediaan

Call NumberLocationAvailable
JOF6905PSB lt.dasar - Pascasarjana1
Penerbit: The American Finance Asosiation
Edisi-
SubjekPublic information
liquidity the firms
shape teir information
regulations mandate
voluntary disclosure.
ISBN/ISSN221082
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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