Firm location, investor recognition, and the liquidity of Chinese publicly listed SMEs

We assemble data of non-financial stocks on the Shenzhen small and medium-sized enterprise (SME) board over the 2005–2019 sample period to explore the liquidity drivers of listed SMEs. With the complete dominance of retail investors, two competing hypotheses are derived from familiarity. The empiric...

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Bibliographic Details
Main Authors: Kian-Ping Lim, Wei Liu, Yee-Ee Chia
Format: Article
Language:English
Published: Elsevier 2023-03-01
Series:Borsa Istanbul Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845022000990