Articles

the royal exchange building

 Key Ideas • Empirical evidence shows that trade-throughs are quite frequent and are prejudicial to market entrants. • There is a negative cross-sectional relationship between the frequency of trade-throughs and market entrant competitiveness in terms of liquidity supply. 

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Financial Markets15 April 2009

Sending Signals: The Meaning of Equity vs.Cash

Key Ideas • When acompany transfers or sells just a portion of its assets, market response is (...)

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Social & societal trends and issues28 February 2009

The Impact of Religion on Risk-Taking in the United States

Companies’ aversion to risk is strongly linked to the level of religiousness of the community in (...)

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