Leverage Recapitalizations and Liquidity

O'Connor, Philip; Lesmond, D; Senbet, LW

dc.contributor.author	O'Connor, Philip	en
dc.contributor.author	Lesmond, D	en
dc.contributor.author	Senbet, LW	en
dc.coverage.spatial	Massey University, Palmerston North, New Zealand	en
dc.date.accessioned	2012-04-10T22:11:21Z	en
dc.date.issued	2008	en
dc.identifier.citation	12th New Zealand Finance Colloquium, Massey University, Palmerston North, New Zealand, 14 Feb 2008 - 15 Feb 2008. 2008	en
dc.identifier.uri	http://hdl.handle.net/2292/16906	en
dc.description.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.	en
dc.relation.ispartof	12th New Zealand Finance Colloquium	en
dc.rights	Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher.	en
dc.rights.uri	https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm	en
dc.title	Leverage Recapitalizations and Liquidity	en
dc.type	Conference Item	en
dc.rights.holder	Copyright: the authors	en
pubs.author-url	http://www.nzfc.ac.nz/archives/2008/programme.html	en
pubs.finish-date	2008-02-15	en
pubs.start-date	2008-02-14	en
dc.rights.accessrights	http://purl.org/eprint/accessRights/RestrictedAccess	en
pubs.subtype	Conference Paper	en
pubs.elements-id	273138	en
pubs.record-created-at-source-date	2012-01-13	en