HCBE Faculty Articles
Corporate Fraud and Liquidity
ORCID
Emre Kuvvet0000-0001-5925-8004
Document Type
Article
Publication Title
Journal of Trading
ISSN
1559-3967
Publication Date
2015
Abstract/Excerpt
This article examines the implications of corporate fraud on stock liquidity. We find that the revelation of corporate fraud has an adverse effect on liquidity not only in the short term but also in the long term. We also find that the complexity and severity of fraudulent activities do not further reduce liquidity; rather, the existence of fraud is what matters to investors.
DOI
https://doi.org/10.3905/jot.2015.10.3.065
Volume
10
Issue
3
First Page
65
Last Page
71
NSUWorks Citation
Kuvvet, Emre, "Corporate Fraud and Liquidity" (2015). HCBE Faculty Articles. 765.
https://nsuworks.nova.edu/hcbe_facarticles/765
