Title:

Financial Market Frictions and Diversification

Authors:

Gregor Matvos (U Chicago)
Amit Seru (U Chicago)
Rui C. Silva (LSE)

Journal:

Journal of Financial Economics

Year:

2018

Volume:

127

Number:

1

Pages:

21-50

JEL codes:

G11 - Portfolio Choice; Investment Decisions
G12 - Asset Pricing; Trading volume; Bond Interest Rates
G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure
G34 - Mergers; Acquisitions; Restructuring; Corporate Governance

DOI:

10.1016/j.jfineco.2017.09.006