Essays on the Effect of Financial Institutions Dual Holdings of Debt and Equity Securities
This dissertation analyzes the effects on the stock markets when institutional investors hold their client firms stocks. The first essay examines the trading impact around earnings announcements and the second essay studies the effect on stock liquidity. In the first essay, we find that relationship...
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Format: | Others |
Language: | en |
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LSU
2010
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Online Access: | http://etd.lsu.edu/docs/available/etd-04112010-162304/ |