Title:

Does Stock Liquidity Affect Incentives to Monitor? Evidence from Corporate Takeovers

Authors:

Peter Roosenboom (Erasmus U Rotterdam)
Frederik P. Schlingemann (U Pittsburgh, Erasmus U Rotterdam)
Manuel Vasconcelos (Cornerstone Research, NY)

Journal:

Review Of Financial Studies

Year:

2014

Volume:

27

Pages:

2392-2433

JEL codes:

G12 - Asset Pricing; Trading volume; Bond Interest Rates
G14 - Information and Market Efficiency; Event Studies
G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure
G34 - Mergers; Acquisitions; Restructuring; Corporate Governance