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2006
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Cost of debt Cost of equity Cost of capital Exchanges, Securities Stock-exchange Securities exchanges Equity markets Commercial corners Stock markets Bulls and bears Corners, Commercial Exchanges, Stock OrganisationCiter ce document
Thierry Foucault, « Liquidity, cost of capital and the organization of trading in stock markets », Revue d'économie financière, ID : 10.3406/ecofi.2006.4442
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Résumé
In this article, we present some arguments of recent research concerning how (1) stock exchanges organisation and (2) financial markets liquidity influence cost of capital and the quoted firms’ value. JEL classification : G14