Influence of Internal Governance Structure on Stock Liquidity Moderated by Information Disclosure

摘要：

　　As the economic impacts of stock market broadening and related research gradually in-depth,stock liquidity has been paid greater attention by both foreign and domestic scholars in recent years.This paper analyzes the latent impact of internal governance structure and information disclosure on the stock liquidity of listed companies,which discloses the relationships between shareholding structure,capital structure,agency structure,information disclosure quality and stock liquidity.And then,this paper makes use of listed companies which only publish A-share in main board of Shenzhen Stock Exchange to carry out empirical analysis,and proposes some countermeasures to optimize governance structure and promote information disclosure and improve stock liquidity for listed companies.

关键词： stock liquidity internal governance structure information disclosure

作者: LIU Jingjian PENG Yayong GUO Wenli LIANG Xianjin JIAO Huaidong

作者单位: School of Economics,Dalian University of Technology,Dalian,China,116024

会议类型: 国际会议

会议名称: the 5th (2013)International Conference on Financial Risk and Corporate Finance Management(第五届(2013)金融风险与公司金融国际研讨会)

会议地点: 大连

会议语种:英文

页码: 314-322

在线出版日期: 2013-06-29（万方平台首次上网日期，不代表论文的发表时间）