Acceso al sitio web del Consejo de Políticas de Infraestructura

   
Redirigiendo al acceso original de articulo en 20 segundos...
ARTÍCULO
TITULO

Ownership concentration and its effect on the liquidity of shares in the Colombian stock market, period 2010-2016

Erdwin Fernando García Martínez    

Resumen

This paper analyzes the effect of the concentration of stock ownership (mixed or private) on the liquidity of shares in the Colombian stock market, for a representative sample of 15 companies listed on that market during the period between 2010 and 2016. The results show an inverse relationship between these variables; that is, while ownership concentration increases, liquidity decreases. However, the model has a low significance level, thus, it may be linked to other aspects that are associated with the use of information regarding the issuance and placement of shares by companies.

PÁGINAS
pp. 327 - 348
MATERIAS
ECONOMÍA

 Artículos similares

       
 
Yusheng Kong, Takuriramunashe Famba, Grace Chituku-Dzimiro, Huaping Sun and Ophias Kurauone    
This study analyzes corporate ownership as a corporate governance mechanism and its role in creating firm value. Previous research shows that there is no convergence on the firm-value corporate ownership relationship. Most research in this area takes a c... ver más

 
Aysel ÖZTÜRKÇÜ AKÇAY     Pág. 432 - 450
The purpose of the study was to examine the impact of firm corporate management applications and firm characteristics on independent auditor selection. For this purpose, a total of 583 firm-year observations encompassing the years 2015-2018 were used for... ver más

 
Cedrix Ngandop Djeutcheu     Pág. 202 - 218
This paper investigates the effects of ownership structure on Islamic Banks (IBs)? performance in many regions (Middle East and North Africa, Europe, and others Asian countries), using agency theory as an analytical framework. The study period covers ten... ver más

 
Dilesha Nawadali Rathnayake,Diby Francois Kassi,Pierre Axel Louembé,Gang Sun,Ding Ning     Pág. 96 - 107
This paper examines the impact of corporate ownership structure and ownership concentration on the corporate performance of listed firms in China. Ordinary Least Square (OLS) and Two-Stages Least Squares (2SLS) models are used to capture the relationship... ver más

 
Mashallah Valikhani, Fatemeh Shakernejad     Pág. Page:1 - 13Abstract