Zobrazeno 1 - 10
of 42
pro vyhledávání: '"Craig W. Holden"'
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::49d51ed968af842d3e63260d8a338d52
https://doi.org/10.2139/ssrn.4441422
https://doi.org/10.2139/ssrn.4441422
Publikováno v:
The Review of Financial Studies. 34:2161-2179
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8617dcc2aa4adba640dcee22b0d3bd02
https://doi.org/10.1093/rfs/hhab007
https://doi.org/10.1093/rfs/hhab007
Autor:
Andrew Ellul, Craig W. Holden, Itay Goldstein, Ronald W. Masulis, Antoinette Schoar, Jeffrey Pontiff
Publikováno v:
The Review of Asset Pricing Studies. 10:179-197
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::191766dc56654b233cf14214e634a944
https://doi.org/10.1093/rapstu/raz009
https://doi.org/10.1093/rapstu/raz009
Autor:
Jayoung Nam, Craig W. Holden
Publikováno v:
Critical Finance Review. 8:29-71
The Liquidity-adjusted Capital Asset Pricing Model (LCAPM) includes two specific testable predictions: (1) the coefficient on expected liquidity cost equals average turnover and (2) the coefficient on market beta equals the coefficient on net liquidi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9804b3abbf61b83c10af29eb26838cb8
https://doi.org/10.1561/104.00000071
https://doi.org/10.1561/104.00000071
Publikováno v:
SSRN Electronic Journal.
Chinese interbank foreign exchange trading was originally conducted through a centralized, anonymous limit order book (LOB). We determine the impact of the introduction of a parallel decentralized over-the-counter (OTC) market. We find that: (1) most
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4ecc6870c2b43da91bab362a7aab7251
https://doi.org/10.2139/ssrn.3658573
https://doi.org/10.2139/ssrn.3658573
Autor:
Craig W. Holden, Daniel S. Kim
Publikováno v:
Journal of Corporate Finance. 44:99-125
Performance share plans are an increasingly important component of executive compensation. They are equity-based, long-term incentive plans where the number of shares to be awarded is a quasi-linear function of a performance result over a fixed time
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e552bad9c13ff224f8bf59b05a3d2ee7
https://doi.org/10.1016/j.jcorpfin.2017.03.004
https://doi.org/10.1016/j.jcorpfin.2017.03.004
Publikováno v:
SSRN Electronic Journal.
We derive the theoretical result that the existence of a secondary market increases primary market liquidity in the form of lower effective spreads and higher issuance quantities. The same intuition suggests a shorter funding time. Using intraday pee
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9793ba28141d4e6b0635e685a712637e
https://doi.org/10.2139/ssrn.3502006
https://doi.org/10.2139/ssrn.3502006
Publikováno v:
SSRN Electronic Journal.
This paper examines intraday price discovery in three closely-related U.S. markets: stocks, Over-The-Counter (OTC) corporate bonds, and New York Stock Exchange (NYSE) electronically-traded corporate bonds. We calculate the Hasbrouck (1995) informatio
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a94ca11e7ad68c6a09dda712882e800e
https://doi.org/10.2139/ssrn.3193653
https://doi.org/10.2139/ssrn.3193653
Publikováno v:
SSRN Electronic Journal.
We examine a general class of volatility over volume liquidity proxies as computed from low frequency (daily) data. We start from the Kyle and Obizhaeva (2016) hypothesis of transaction cost invariance to identify a new volatility over volume liquidi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c991c77316a9ee4b87d30f81c445ab3d
https://doi.org/10.2139/ssrn.2989367
https://doi.org/10.2139/ssrn.2989367
Publikováno v:
Foundations and Trends® in Finance. 8:263-365
We provide a synthesis of the empirical evidence on market liquidity. The liquidity measurement literature has established standard measures of liquidity that apply to broad categories of market microstructure data. Specialized measures of liquidity
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::13e6a2c456ba1914a910decc1391b16e
https://doi.org/10.1561/0500000044
https://doi.org/10.1561/0500000044