Liquidity and Governance
收藏NBER2013-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19669
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资源简介：
Is greater trading liquidity good or bad for corporate governance? We address this question both theoretically and empirically. We solve a model consisting of an optimal IPO followed by a dynamic Kyle market in which the large investor's private information concerns her own plans for taking an
提供机构：
美国国家经济研究局
创建时间：
2013-11-01
