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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Bibliographic Details
Main Authors: Ardeshir Baharvand, Mohsen Dastgir, Afsane Soroushyar
Format: article
Language:FA
Published: University of Tehran 2021
Subjects:
Online Access:https://doaj.org/article/f29b89194f0f46dfa8dd21c44392fcc5
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