Browsing BI Research Centre's Series by Subject "Liquidity"
Now showing items 1-2 of 2
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Liquidity and Shareholder Activism
(CCGR Working Paper, Working paper, 2009)This paper documents that stock liquidity improves shareholders’ incentive to monitor management. Using a hand-collected sample of contested proxy solicitations and shareholder proposals as occurrences of shareholder ... -
Risk management with cash and insurance in non-listed firms
(CCGR Working Paper, Working paper, 2008)I study corporate risk management with property insurance in non-listed small and medium sized rms. I document negative relations between various ownership measures CEO salary, ownership concentration and aggregate female ...