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State ownership and stock liquidity: Evidence from privatization
16 references·6 citing·41 second hop
State ownership and stock liquidity: Evidence from privatization (2020)State ownership and stock liquidity: Evid…Political Connections and Corporate Bailouts (2006)Political Connections and Cor…Liquidity Risk and Expected Stock Returns (2003)Liquidity Risk and Expected S…Earnings management and investor protection: an international comparison (2003)Earnings management and inves…Illiquidity and stock returns: cross-section and time-series effects (2002)Illiquidity and stock returns…New Tools in Comparative Political Economy: The Database of Political Institutions (2001)New Tools in Comparative Poli…From State to Market: A Survey of Empirical Studies on Privatization (2001)From State to Market: A Surve…The Economic Consequences of Increased Disclosure (2000)The Economic Consequences of …Price Momentum and Trading Volume (2000)Price Momentum and Trading Vo…The Economic Consequences of Increased Disclosure (1999)The Economic Consequences of …State versus Private Ownership (1998)State versus Private OwnershipIndustry costs of equity (1997)Industry costs of equityA Survey of Corporate Governance (1997)A Survey of Corporate Governa…Politicians and Firms (1994)Politicians and FirmsMarket Liquidity and Performance Monitoring (1993)Market Liquidity and Performa…Continuous Auctions and Insider Trading (1985)Continuous Auctions and Insid…A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market (1984)A Simple Implicit Measure of …Employee incentive and stock liquidity: Evidence from a quasi-natural experiment in China (2025)Employee incentive and stock …Mixed ownership reform and trade credit: Evidence from China (2024)Mixed ownership reform and tr…The Governance Role of Minority State Ownership in Non‐state‐owned Enterprises: Evidence from Corporate Fraud in China (2023)The Governance Role of Minori…Impact of Liquidity Coverage Ratio on Performance of Select Indian Banks (2022)Impact of Liquidity Coverage …Financial statement comparability and stock liquidity: evidence from China (2022)Financial statement comparabi…Post-Privatization State Ownership and Bank Risk-Taking: Cross-Country Evidence (2019)Post-Privatization State Owne…The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis (1994)The quality of government (1999)Politically Connected Firms (2006)Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Conditional Skewness in Asset Pricing Tests (2000)Political and economic determinants of budget deficits in the industrial democracies (1989)Governance Matters III: Governance Indicators for 1996–2002 (2003)Democracy and dictatorship revisited (2009)The Politics of Authoritarian Rule (2012)The Behavior of Stock-Market Prices (1965)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test (1988)Efficient Capital Markets: II (1991)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Market Liquidity and Funding Liquidity (2008)A five-factor asset pricing model (2014)Editor's Choice Digesting Anomalies: An Investment ApproachOn Persistence in Mutual Fund Performance (1997)Asset pricing with liquidity risk (2005)The Nature of the Firm (1937)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)Legal Determinants of External Finance (1997)Investor protection and corporate governance (2000)Law and Finance (1998)Corporate Ownership Around the World (1999)The economic implications of corporate financial reporting (2005)International Accounting Standards and Accounting Quality (2008)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)The Problem of Social Cost (1960)World Investment Report (2017)A Brief History of Neoliberalism (2020)Noise Trader Risk in Financial Markets (1990)Investor Psychology and Security Market Under‐ and Overreactions (1998)
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References

  • 1997A Survey of Corporate Governance16,237 cited
  • 2002Illiquidity and stock returns: cross-section and time-series effects10,008 cited
  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1997Industry costs of equity5,793 cited
  • 2003Earnings management and investor protection: an international comparison5,395 cited
  • 2003Liquidity Risk and Expected Stock Returns5,362 cited
  • 2001From State to Market: A Survey of Empirical Studies on Privatization3,555 cited
  • 1994Politicians and Firms3,440 cited
  • 2001New Tools in Comparative Political Economy: The Database of Political Institutions2,798 cited
  • 1984A Simple Implicit Measure of the Effective Bid-Ask Spread in an Efficient Market2,748 cited
  • 2006Political Connections and Corporate Bailouts2,576 cited
  • 2000The Economic Consequences of Increased Disclosure2,369 cited
  • 1999The Economic Consequences of Increased Disclosure2,101 cited
  • 1998State versus Private Ownership1,837 cited
  • 1993Market Liquidity and Performance Monitoring1,717 cited
  • 2000Price Momentum and Trading Volume

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Cited by

  • 2019Post-Privatization State Ownership and Bank Risk-Taking: Cross-Country Evidence74 cited
  • 2022Financial statement comparability and stock liquidity: evidence from China35 cited
  • 2022Impact of Liquidity Coverage Ratio on Performance of Select Indian Banks33 cited
  • 2023The Governance Role of Minority State Ownership in Non‐state‐owned Enterprises: Evidence from Corporate Fraud in China24 cited
  • 2024Mixed ownership reform and trade credit: Evidence from China18 cited
  • 2025Employee incentive and stock liquidity: Evidence from a quasi-natural experiment in China17 cited