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The Value of Liquidity
15 references·2 citing·48 second hop
The Value of Liquidity (2001)The Value of LiquidityInstitutional ownership, information and liquidity (2004)Institutional ownership, info…Measuring and Explaining Changes in REIT Liquidity: Moving Beyond the Bid–Ask Spread (2000)Measuring and Explaining Chan…Is the Information Deficiency in Real Estate Evident in Public Market Trading? (1999)Is the Information Deficiency…Dividend Policy and Cash‐Flow Uncertainty (1998)Dividend Policy and Cash‐Flow…Debt, Agency and Management Contracts in Reits: The External Advisor Puzzle (1998)Debt, Agency and Management C…Changes in REIT Liquidity 1990–1994: Evidence from Intra‐day Transactions (1997)Changes in REIT Liquidity 199…Expectations, efficiency, and euphoria in the housing market (1996)Expectations, efficiency, and…Property Type, Size and REIT Value (1995)Property Type, Size and REIT …An Examination of Informed Traders and the Market Microstructure of Real Estate Investment Trusts (1995)An Examination of Informed Tr…Tobin's q, Corporate Diversification, and Firm Performance (1994)Tobin's q, Corporate Diversif…Posted versus effective spreads (1994)Posted versus effective sprea…Tobin's Q, Corporate Diversification and Firm Performance (1993)Tobin's Q, Corporate Diversif…Asset pricing and the bid-ask spread (1986)Asset pricing and the bid-ask…Tobin's $q$ Ratio and Industrial Organization (1981)Tobin's $q$ Ratio and Industr…The Nature of the Firm (1937)The Nature of the FirmLodging REIT Performance and Comparison With Other Equity REIT Returns (2009)Lodging REIT Performance and …Understanding the Discount: Evidence from European Property Shares (2005)Understanding the Discount: E…A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market (1984)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)The Cross-Section of Expected Stock Returns (1992)Trade Execution Costs on NASDAQ and the NYSE: A Post-Reform Comparison (1999)The liquidity effects of revisions to the S&P 500 index: an empirical analysis (2003)Measuring Investors' Opinion Divergence (2009)Misspecification of capital asset pricing (1981)The relationship between return and market value of common stocks (1981)Size-related anomalies and stock return seasonality (1983)Economies-of-Scale for Real Estate Investment Trusts (1997)Managerial Style and Firm Value (1998)The role of hotel owners: the influence of corporate strategies on hotel performance (2012)Financing Constraints and Corporate Investment (1987)Financing Constraints and Corporate Investment (1988)Eclipse of the Public Corporation (1999)The consolidation of the financial services industry: Causes, consequences, and implications for the future (1999)Digital Business Strategy: Toward a Next Generation of Insights (2013)Do ESG Controversies Matter for Firm Value? Evidence from International Data (2016)Risk, Return, and Equilibrium: Empirical Tests (1973)The theory and practice of econometrics (1986)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)An Empirical Evaluation of Accounting Income Numbers (1968)Two Agency-Cost Explanations of Dividends (1984)Dividend Policy under Asymmetric Information (1985)Stock Returns, Dividend Yields, and Taxes (1998)Focus, Transparency and Value: The REIT Evidence (1999)On The Determinants of Derivative Usage by Australian Companies (2002)Dividend Policy, Growth, and the Valuation of Shares (1961)Dividend yields and expected stock returns (1988)Dividend Yields and Expected Stock Returns: Alternative Procedures for Inference and Measurement (1992)Temporal and Spatial Information Diffusion in Real Estate Price Changes and Variances (1997)House Price Efficiency: Expectations, Sales, Symmetry (2004)Testing for Bubbles in Housing Markets: A Panel Data Approach (2007)Continuous Auctions and Insider Trading (1985)Inferring Trade Direction from Intraday Data (1991)Changes in REIT Liquidity 1988–2007: Evidence from Daily Data (2010)How Does Corporate Governance Affect the Quality of Investor Information? The Curious Case of REITs (2011)REIT Momentum and Characteristic-Related REIT Returns (2012)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Survey of Corporate Governance (1997)Dynamic capabilities and strategic management (1997)Measurement of Business Performance in Strategy Research: A Comparison of Approaches (1986)Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits and Market Value (1986)How do family ownership, control and management affect firm value? (2005)Higher market valuation of companies with a small board of directors (1996)Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)
this work references cited by second hop

References

  • 1937The Nature of the Firm23,826 cited
  • 1986Asset pricing and the bid-ask spread5,087 cited
  • 1994Tobin's q, Corporate Diversification, and Firm Performance2,437 cited
  • 1981Tobin's $q$ Ratio and Industrial Organization1,382 cited
  • 1993Tobin's Q, Corporate Diversification and Firm Performance644 cited
  • 1994Posted versus effective spreads260 cited
  • 1998Dividend Policy and Cash‐Flow Uncertainty196 cited
  • 1996Expectations, efficiency, and euphoria in the housing market132 cited
  • 1995Property Type, Size and REIT Value98 cited
  • 2000Measuring and Explaining Changes in REIT Liquidity: Moving Beyond the Bid–Ask Spread69 cited
  • 1997Changes in REIT Liquidity 1990–1994: Evidence from Intra‐day Transactions55 cited
  • 2004Institutional ownership, information and liquidity50 cited
  • 1999Is the Information Deficiency in Real Estate Evident in Public Market Trading?49 cited
  • 1995An Examination of Informed Traders and the Market Microstructure of Real Estate Investment Trusts39 cited
  • 1998Debt, Agency and Management Contracts in Reits: The External Advisor Puzzle29 cited

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  • 2009Lodging REIT Performance and Comparison With Other Equity REIT Returns30 cited
  • 2005Understanding the Discount: Evidence from European Property Shares30 cited