SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Price Deregulation in the Brokerage Industry: An Empirical Analysis
1 references·4 citing·24 second hop
Price Deregulation in the Brokerage Industry: An Empirical Analysis (1978)Price Deregulation in the Brokerage Indus…Determinants of bid-asked spreads in the over-the-counter market (1974)Determinants of bid-asked spr…A Century of Stock Market Liquidity and Trading Costs (2026)A Century of Stock Market Liq…Market liquidity as a sentiment indicator (2004)Market liquidity as a sentime…Reverse Splits and Shareholder Wealth: The Impact of Commissions (1985)Reverse Splits and Shareholde…The Securities Industry under Negotiated Brokerage Commissions: Changes in the Structure and Performance of New York Stock Exchange Member Firms (1980)The Securities Industry under…Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Common risk factors in the returns on stocks and bonds (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)Liquidity Risk and Expected Stock Returns (2003)Investor Sentiment and the Cross‐Section of Stock Returns (2006)The Cross‐Section of Volatility and Expected Returns (2006)Reverse Splits and Shareholder Wealth (1983)The Pricing of When-Issued Common Stock: A Note (1983)The valuation effects of stock splits and stock dividends (1984)Do Reverse Stock Splits Benefit Long-term Shareholders? (2012)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Risk measurement when shares are subject to infrequent trading (1979)Asset pricing and the bid-ask spread (1986)Market Liquidity and Funding Liquidity (2008)Risk, Return, and Equilibrium: Empirical Tests (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)The Sum of All FEARS Investor Sentiment and Asset Prices (2014)Integración de los mercados financieros Latinoamericanos por medio de MILA (2020)The congressional-bureaucratic system: a principal agent perspective (with applications to the SEC) (1984)The Microeconomics of Market Making (1986)Equity Market Microstructure: Taking Stock of What We Know (2008)
this work references cited by second hop

References

  • 1974Determinants of bid-asked spreads in the over-the-counter market560 cited

Cited by

  • 2004Market liquidity as a sentiment indicator1,294 cited
  • 2026A Century of Stock Market Liquidity and Trading Costs484 cited
  • 1980The Securities Industry under Negotiated Brokerage Commissions: Changes in the Structure and Performance of New York Stock Exchange Member Firms28 cited
  • 1985Reverse Splits and Shareholder Wealth: The Impact of Commissions21 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work