Showing 1 - 9 of 9
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