Multimarket Trading and Liquidity: Theory and Evidence

By Shmuel Baruch, Andrew Karolyi, Michael L. Lemmon. 2007

151 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/27eea8ae10aae0b16a4889402fc12e64d015d4df

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. L. Frésard
2. Thierry Foucault
3. Philip Valta
4. Caroline Flammer
5. Adrien Matray
6. Hamdi Ben-Nasr
7. Abdullah A. Alshwer
8. Sabri Boubaker

In Economics and Econometrics

1. L. Frésard
2. Thierry Foucault
3. Philip Valta
4. Caroline Flammer
5. Walid Saffar
6. Syrine Sassi
7. Sabri Boubaker

In Finance

1. L. Frésard
2. Thierry Foucault
3. Hamdi Ben-Nasr
4. Abdullah A. Alshwer

Citations in the corpus

• Stock price informativeness, cross-listings, and investment decisions (2006, unknown): “Baruch et al.(2003), Pulatkonak and Sofianos (1999) or Halling et al.”
• Competing on Speed (2018, unknown): “We do not model a limit order market as do Biais, Hombert, and Weill (2014). For tractability and cleanness of analysis, we adopt instead a (frictional) Walrasian clearing protocol, as do LR09 and Gârleanu (2009).”
• Cross-Listing, Investment Sensitivity to Stock Price, and the Learning Hypothesis (2012, methodology): “…trading volume ($) on U.S. exchange divided by the total (domestic and U.S.) volume ($) Datastream and CRSP BKL “U.S. information factor” developed by Baruch, Karolyi, and Lemmon (2007) Datastream and CRSP Coverage Number of analysts issuing at least one earnings forecasts over the year I/B/E/S…”
• Using Matched Samples to Test for Differences in Trade Execution Costs (2009, unknown): “Similar matched sample approaches are used by Keim and Madhavan (1997), Bessembinder and Kaufamn (1997a, 1997b), LaPlante and Muscarella (1997), Bessembinder (1999, 2003), Weston (2000), Venkataraman (2001), SEC (2001), Bacidore and Sofianos (2002), Boehmer (2003), Chung and Chuwonganant (2004), Chu”
• Transparency, Liquidity, and Valuation: International Evidence (2009, unknown): “To the extent that managers are entrenched, they have We further include indicator variables for whether the stock trades in the U.S., either on an exchange (ADR_EX) or on the OTC or PORTAL markets (ADR_NEX).”
• Information, Trading Volume, and International Stock Return Comovements: Evidence from Cross-Listed Stocks (2009, unknown): “CAPITAL-CONTROLS measures the fraction of a country's equity market capitalization not accessible to foreign investors (Bekaert (1995), Edison and Warnock (2003)).”