This paper provides novel perspective to the oil-stock market nexus by examining the role of
stock market liquidity in the propagation of oil price shocks to the cost of capital (CoC) …

We examine, for the first time in the literature, the impact of social capital on the cost of bank
equity worldwide. We reach two interesting conclusions. First, consistent with the view that …

Recent studies indicate that systemic risk has predictive power over severe economic
downturns. We propose a novel methodology that employs sparsity and targeting …

Liquidity is easily perceived but not easily measured in financial markets. Researchers and
practitioners develop and test new measures of liquidity which may be good candidates for …

Using a sample of publicly listed banks from 62 countries over the 1991–2017 period, we
investigate the impact of capital on banks' cost of equity. Consistent with the theoretical …

Extreme illiquidity (EIL) is priced in the cross-section of stock returns in the Thailand market.
The EIL premium permeates stock categories with various risk factor loadings and …

This study analyzes the determinants of liquidity risk in the banking sector using panel data
from 28 banks and three different models: Pooled, Fixed Effect, and Random Effect. The …

This study investigates the nexus of stock liquidity and trade-credit policies in China from
2002 to 2017. The estimates are robust to alternative proxies, various fixed-effects, and the …

The contribution deals with the economic value added and its influence on credit absorption
capacity. The aim was to determine the significance of the difference between the economic …

The study examines the relationship between stock liquidity and the firms' use of short‐term
debt. In addition, this study examines the impact of agency costs on this relationship and …