Showing 1 - 10 of 10
. Overwhelmingly, empirical studies emphasize that HFT improves the quality of financial markets in terms of increased liquidity …, liquidity and market capitalization on the Bulgarian capital market following the global financial crisis, concluding that the …
Persistent link: https://www.econbiz.de/10012484763
This paper attempts to capture the relationship between stock market movements and its endogenous liquidity measures … resiliency dimensions of market liquidity using suitable liquidity measures (proxies). Findings suggest that multidimensional … liquidity measures like the volume of trade, spread, market efficiency coefficient, turnover rate, trading probability, and the …
Persistent link: https://www.econbiz.de/10012657498
effect of stock liquidity on corporate capital structure decision. We also analyze whether this effect varies according to … 2000-2010, the paper offers two key findings. First, firms with higher stock market liquidity tend to have lower leverage … stock market liquidity and leverage. These results are robust to different liquidity measurement and subsamples. …
Persistent link: https://www.econbiz.de/10012657500
Purpose: The study aims to discuss the role of market power and the banks as a liquidity provider, specifically in the … banks to provide and transform liquidity. Findings: The banks conveniently perform two significant functions as the … important entities of liquidity creators and providers. The increase in market power increases the ability of GCC banks to …
Persistent link: https://www.econbiz.de/10012657558
We investigate how funding liquidity affects the bank lending using a large sample of US bank holding companies. We … liquidity is larger in high-loan-growth banks. The negative effects of funding liquidity on lending seem to be clearer before … funding liquidity after the crisis period. We believe our study is of interest to regulators and policymakers. …
Persistent link: https://www.econbiz.de/10012657580
The level of liquidity in banking determines the extent to which a bank can meet its financial intermediation role …. Liquidity and regulatory capital requirements have gained momentum after the 2008 global financial crisis. Meeting the … shareholder's need (i.e profitability) and regulatory requirements (liquidity and capital) is a delicate balance that banks strive …
Persistent link: https://www.econbiz.de/10014001360
efficiency and its determinants. The results show that bank liquidity and capital adequacy have a positive relationship with bank … operating efficiency. This suggests that capital adequacy and liquidity, not only strengthen financial stability by providing a … larger capital cushion and bank required liquidity level, but also improve bank operating efficiency by lowering moral hazard …
Persistent link: https://www.econbiz.de/10014001438
This study investigates the impact of trade openness along with bank size, bank growth, liquidity, deposit insurance …
Persistent link: https://www.econbiz.de/10014001489
not to pay dividends is influenced by low agency costs, high debt, over-liquidity, and excessive investment opportunities …
Persistent link: https://www.econbiz.de/10014001540
estimates in markets more contaminated from microstructure noise such as higher bid-ask spreads and lower liquidity. We address …
Persistent link: https://www.econbiz.de/10011858494