Sökning: "commonality in liquidity"

Hittade 2 uppsatser innehållade orden commonality in liquidity.

1. 1. Flight to climate: liquidity commonality in brown equities

   Master-uppsats, Stockholms universitet/Företagsekonomiska institutionen

   Författare :Haiping Yu; [2023]
   Nyckelord :ESG; ESG Investing; Climate investing; Liquidity Commonality; Systematic Liquidity Risk;

   Sammanfattning : Emerging ESG studies have established a negative equilibrium correlation between ESG factors and stock returns in an economy predominately influenced by investors with nonpecuniary preference over high ESG credentials. However, little research has delved into a potential systematic liquidity risk phenomenon associated with aggregate trading activities of ESG-motivated investors who share a common nonzero ESG preference component in their utility function. LÄS MER

3. 2. The Neglected Stock Effect on Commonality in Liquidity

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Författare :Jonas Skilje; [2019]
   Nyckelord :commonality in liquidity; neglected stock; neglected firm; analyst coverage; liquidity risk;

   Sammanfattning : In this paper, I examine the relationships among commonality in liquidity, institutional ownership and analyst coverage. I find that institutional ownership has a significant positive relationship with liquidity commonality, and analyst coverage provides a significant determinant of institutional ownership. LÄS MER