Now showing items 1-2 of 2

    • Asset Liquidity and Stock Liquidity 

      Gopalan, Radhakrishnan; Kadan, Ohad; Pevzner, Mikhail (Elsevier, 2010)
      We study the balance sheet of liquidity: the relation between the liquidity of the firm's assets and the liquidity of financial claims on the assets, thereby linking corporate finance decisions to stock liquidity. Our model ...
    • Managerial Decisions, Asset Liquidity, and Stock Liquidity 

      Gopalan, Radhakrishnan; Kadan, Ohad; Pevzner, Mikhail (SSRN, 2009)
      We predict a positive relationship between the liquidity of the firm's assets and the liquidity of its stock. This relationship depends on market expectations regarding the deployment of the firm's liquid assets. Thus our ...