Key Features:Presents novel papers and a different outlook on microstructureUnique in bringing together contributions from the leading authors in the fieldComprehensive coverage of a broad range of diversified subtopicsScholarly book for academicians, regulators, policy makers and practitioners...

We provide evidence that CEO equity incentives, especially stock options, influence stock liquidity risk via information disclosure quality. We document a negative association between CEO options and the quality of future managerial disclosure policy. Contributing to the literature on CEO...