The Impact of Financial Constraints on the Relationship between Excess Cash with Trading Continuity and Stock Liquidity
Objective: Since investors are usually risk averse, liquidity risk can affect the returns on their investments. Thus, liquidity is significant for investors. Given the management entrenchment hypothesis and the investment opportunities hypothesis, it is ambiguous to determine the type of effect of s...
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Format: | article |
Langue: | FA |
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University of Tehran
2021
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Accès en ligne: | https://doaj.org/article/f29b89194f0f46dfa8dd21c44392fcc5 |
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