Analysts and Corporate Liquidity Policy

abstract: This paper examines how equity analysts' roles as information intermediaries and monitors affect corporate liquidity policy and its associated value of cash, providing new evidence that analysts have a direct impact on corporate liquidity policy. Greater analyst coverage (1) reduces i...

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Bibliographic Details
Other Authors: Chang, Ching-Hung (Author)
Format: Doctoral Thesis
Language:English
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/2286/R.I.14752