Leverage Recapitalizations and Liquidity
Login
University Home
→
Library
JavaScript is disabled for your browser. Some features of this site may not work without it.
Leverage Recapitalizations and Liquidity
O'Connor, Philip
;
Lesmond, D
;
Senbet, LW
Identifier:
http://hdl.handle.net/2292/16906
Issue Date:
2008
Reference:
12th New Zealand Finance Colloquium, Massey University, Palmerston North, New Zealand, 14 Feb 2008 - 15 Feb 2008. 2008
Rights:
Copyright: the authors
Rights (URI):
https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm
Abstract:
This paper studies the effect of a pure capital structure change on the liquidity of a firm's equity. We find that increasing leverage concentrates private information in the remaining equity and reduces the liquidity of the firm's stock.
Show full item record
Files in this item
Related URL:
http://www.nzfc.ac.nz/archives/2008/programme.html
This item appears in the following Collection(s)
Conference Items
[4380]
Share
Search ResearchSpace
Search ResearchSpace
This Collection
Browse
All of ResearchSpace
Communities & Collections
By Issue Date
Authors
Titles
Subjects
This Collection
By Issue Date
Authors
Titles
Subjects
Statistics
View Usage Statistics