Blar i BI Open på forfatter "Liu, Junhao"
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Does stock liquidity shape voluntary disclosure? Evidence from the SEC tick size pilot program
Hope, Ole-Kristian; Liu, Junhao (Peer reviewed; Journal article, 2022)Employing the SEC Tick Size Pilot Program, which increases the minimum trading unit of a set of randomly selected small-capitalization stocks, we examine whether and how an exogenous change in stock liquidity affects ...