Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10005477872
Persistent link: https://www.econbiz.de/10005210594
We investigate the aggregate market quality impact of equity shares that fail to deliver (hereafter “FTDs”). For a sample of 1,492 NYSE stocks over a 42-month period from 2005 to 2008, greater FTDs lead to higher liquidity and pricing efficiency, and their impact is similar to our estimate...
Persistent link: https://www.econbiz.de/10011076296
Persistent link: https://www.econbiz.de/10005362787
Persistent link: https://www.econbiz.de/10005362788