Stock liquidity, stock price crash risk, and foreign ownership
This study examines the impact of stock market liquidity on a stock price crash, using firm data from Borsa Istanbul for the period 2009–2019. The results show that higher stock liquidity increases the likelihood of stock price crashes, but this positive link is not driven by blockholder ownership....
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2022-05-01
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Series: | Borsa Istanbul Review |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845021000636 |