HCBE Faculty Articles
Title
Corporate Fraud and Liquidity
Document Type
Article
Publication Date
2015
Publication Title
Journal of Trading
Volume
10
Issue/Number
3
First Page
65
Last Page
71
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
10.3905/jot.2015.10.3.065
NSUWorks Citation
Kuvvet, Emre, "Corporate Fraud and Liquidity" (2015). HCBE Faculty Articles. 765.
https://nsuworks.nova.edu/hcbe_facarticles/765
