메뉴 건너뛰기




Volumn 58, Issue 2, 2003, Pages 921-938

Investor Protection and Firm Liquidity

(2)  Brockman, Paul a   Chung, Dennis Y a  

a NONE

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0142219270     PISSN: 00221082     EISSN: None     Source Type: Journal    
DOI: 10.1111/1540-6261.00551     Document Type: Article
Times cited : (189)

References (33)
  • 1
    • 85005305538 scopus 로고
    • The market for "lemons": Quality uncertainty and the market mechanism
    • Akerlof, George A., 1970, The market for "lemons": Quality uncertainty and the market mechanism, Quarterly Journal of Economics 84, 488-500.
    • (1970) Quarterly Journal of Economics , vol.84 , pp. 488-500
    • Akerlof, G.A.1
  • 3
    • 0002858629 scopus 로고
    • Corporate payout policy: Cash dividends versus open market repurchases
    • Barclay, Michael J., and Clifford W. Smith, Jr., 1988, Corporate payout policy: Cash dividends versus open market repurchases, Journal of Financial Economics 22, 61-82.
    • (1988) Journal of Financial Economics , vol.22 , pp. 61-82
    • Barclay, M.J.1    Smith C.W., Jr.2
  • 4
    • 0001168032 scopus 로고
    • Determinants of bid-ask spreads in the over-the-counter market
    • Benston, George J., and Robert L. Hagerman, 1974, Determinants of bid-ask spreads in the over-the-counter market, Journal of Financial Economics 1, 353-364.
    • (1974) Journal of Financial Economics , vol.1 , pp. 353-364
    • Benston, G.J.1    Hagerman, R.L.2
  • 5
    • 0041672311 scopus 로고    scopus 로고
    • The world price of insider trading
    • Bhattacharya, Utpal, and Hazem Daouk, 2002, The world price of insider trading, Journal of Finance 57, 75-108.
    • (2002) Journal of Finance , vol.57 , pp. 75-108
    • Bhattacharya, U.1    Daouk, H.2
  • 6
    • 84993843493 scopus 로고
    • An empirical analysis of the limit order book and the order flow in the Paris Bourse
    • Biais, Bruno, Pierre Hillion, and Chester Spatt, 1995, An empirical analysis of the limit order book and the order flow in the Paris Bourse, Journal of Finance 50, 1655-1689.
    • (1995) Journal of Finance , vol.50 , pp. 1655-1689
    • Biais, B.1    Hillion, P.2    Spatt, C.3
  • 7
    • 0030191751 scopus 로고    scopus 로고
    • Market microstructure and asset pricing: On the compensation for illiquidity in stock returns
    • Brennan, Michael J., and Avanidhar Subrahmanyam, 1996, Market microstructure and asset pricing: On the compensation for illiquidity in stock returns, Journal of Financial Economics 41, 441-464.
    • (1996) Journal of Financial Economics , vol.41 , pp. 441-464
    • Brennan, M.J.1    Subrahmanyam, A.2
  • 8
    • 0033474512 scopus 로고    scopus 로고
    • An analysis of depth behavior in an electronic, order-driven environment
    • Brockman, Paul, and Dennis Y. Chung, 1999, An analysis of depth behavior in an electronic, order-driven environment, Journal of Banking and Finance 23, 1861-1886.
    • (1999) Journal of Banking and Finance , vol.23 , pp. 1861-1886
    • Brockman, P.1    Chung, D.Y.2
  • 9
    • 0001655001 scopus 로고    scopus 로고
    • An empirical examination of the amortized spread
    • Chalmers, John M. R., and Gregory B. Kadlec, 1998, An empirical examination of the amortized spread, Journal of Financial Economics 48, 159-188.
    • (1998) Journal of Financial Economics , vol.48 , pp. 159-188
    • Chalmers, J.M.R.1    Kadlec, G.B.2
  • 13
    • 0041020842 scopus 로고    scopus 로고
    • Adverse selection, inventory holding costs, and depth
    • Heflin, Frank, and Kenneth W. Shaw, 2001, Adverse selection, inventory holding costs, and depth, Journal of Financial Research 24, 65-82.
    • (2001) Journal of Financial Research , vol.24 , pp. 65-82
    • Heflin, F.1    Shaw, K.W.2
  • 14
    • 0003587571 scopus 로고    scopus 로고
    • Index of Economic Freedom, 1998, Heritage FoundationWeb site http://www.heritage.org/index/.
    • (1998) Index of Economic Freedom
  • 15
    • 0013466807 scopus 로고    scopus 로고
    • The capital asset pricing model and the liquidity effect: A theoretical approach
    • Jacoby, Gady, David J. Fowler, and Aron A. Gottesman, 2000, The capital asset pricing model and the liquidity effect: A theoretical approach, Journal of Financial Markets 3, 69-81.
    • (2000) Journal of Financial Markets , vol.3 , pp. 69-81
    • Jacoby, G.1    Fowler, D.J.2    Gottesman, A.A.3
  • 16
    • 25544434566 scopus 로고    scopus 로고
    • Institutional design and liquidity on stock exchanges
    • Indiana University
    • Jain, Pankaj, 2001, Institutional design and liquidity on stock exchanges, Working paper, Indiana University.
    • (2001) Working Paper
    • Jain, P.1
  • 17
    • 4143057438 scopus 로고    scopus 로고
    • Does investor protection matter? Evidence from Germany's Neuer Markt
    • MIT Press, Cambridge, MA
    • Johnson, Simon, 1999, Does investor protection matter? Evidence from Germany's Neuer Markt, Working paper, MIT Press, Cambridge, MA.
    • (1999) Working Paper
    • Johnson, S.1
  • 19
    • 34247482883 scopus 로고
    • Finance and growth: Schumpeter might be right
    • King, Robert G., and Ross Levine, 1993, Finance and growth: Schumpeter might be right, Quarterly Journal of Economics 108, 717-738.
    • (1993) Quarterly Journal of Economics , vol.108 , pp. 717-738
    • King, R.G.1    Levine, R.2
  • 24
    • 3843112765 scopus 로고
    • Spreads, depths, and the impact of earnings information: An intraday analysis
    • Lee, Charles M. C., Belinda Mucklow, and Mark J. Ready, 1993, Spreads, depths, and the impact of earnings information: An intraday analysis, Review of Financial Studies 6, 345-374.
    • (1993) Review of Financial Studies , vol.6 , pp. 345-374
    • Lee, C.M.C.1    Mucklow, B.2    Ready, M.J.3
  • 25
    • 0000329790 scopus 로고    scopus 로고
    • Financial development and economic growth: Views and agenda
    • Levine, Ross, 1997, Financial development and economic growth: Views and agenda, Journal of Economic Literature 35, 688-726.
    • (1997) Journal of Economic Literature , vol.35 , pp. 688-726
    • Levine, R.1
  • 28
    • 84977708043 scopus 로고
    • An analysis of intraday patterns in bid/ask spreads for NYSE stocks
    • McInish, Thomas H., and Robert A.Wood, 1992, An analysis of intraday patterns in bid/ask spreads for NYSE stocks, Journal of Finance 47, 345-374.
    • (1992) Journal of Finance , vol.47 , pp. 345-374
    • McInish, T.H.1    Wood, R.A.2
  • 29
    • 0000807706 scopus 로고
    • Efficient estimation of a system of regression equations when disturbances are both serially and contemporaneously correlated
    • Parks, Richard W., 1967, Efficient estimation of a system of regression equations when disturbances are both serially and contemporaneously correlated, Journal of American Statistical Association 62, 500-509.
    • (1967) Journal of American Statistical Association , vol.62 , pp. 500-509
    • Parks, R.W.1
  • 30
  • 31
    • 84977429057 scopus 로고
    • The pricing of dealer services: An empirical study of Nasdaq stocks
    • Stoll, Hans R., 1978, The pricing of dealer services: An empirical study of Nasdaq stocks, Journal of Finance 33, 1152-1173.
    • (1978) Journal of Finance , vol.33 , pp. 1152-1173
    • Stoll, H.R.1
  • 32
    • 0000662187 scopus 로고    scopus 로고
    • Financial markets and the allocation of capital
    • Wurgler, Jeffrey, 2000, Financial markets and the allocation of capital, Journal of Financial Economics 58, 187-214.
    • (2000) Journal of Financial Economics , vol.58 , pp. 187-214
    • Wurgler, J.1
  • 33
    • 21344488480 scopus 로고
    • The value of the voting right: A study of the Milan stock exchange
    • Zingales, Luigi, 1994, The value of the voting right: A study of the Milan stock exchange, Review of Financial Studies 7, 125-148.
    • (1994) Review of Financial Studies , vol.7 , pp. 125-148
    • Zingales, L.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.