| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5089511 | Journal of Banking & Finance | 2012 | 15 Pages |
Abstract
⺠Investors are compensated for bearing liquidity risk in 11 developed countries. ⺠The global liquidity risk is significantly priced across country market portfolios. ⺠The improvement of country corporate governance lowers liquidity risk premium. ⺠The restrictions of insider trading reduce liquidity risk premium.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Samuel Xin Liang, John K.C. Wei,