Bid-Ask Spread and Ownership Structure-An Empirical Study on Taiwan’s Over-the-Counter Market
碩士 === 國立高雄第一科技大學 === 金融營運所 === 91 === Several studies (e.g., Jaffe and Winkler (1976), Copeland and Galai (1983), and Glosten and Milgrom (1985)) indicate that the higher the degree of information asymmetry, the wider the bid-ask spread should be. Both Chiang and Venkatesh (1988) and Kini and Mian...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2003
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/41764470446965909593 |