search query: @author Kini, O. / total: 8
reference: 5 / 8
Author: | Kini, O. Mian, S. |
Title: | Bid-ask spread and ownership structure |
Journal: | Journal of Financial Research
1995 : WINTER, VOL. 18:4, p. 401-414 |
Index terms: | FINANCE RESEARCH ECONOMICS |
Language: | eng |
Abstract: | In this paper the authors examine the relation between bid-ask spread and ownership structure variables based on 1985 data for 1,063 NYSE firms. They document a nonpositive relation between bid-ask spread and insider ownership and conclude that spread is unrelated to insider trading. They also find a robust significantly negative relation between spread and institutional ownership. Finally, they find a positive but generally insignificant relation between spread and the blockholdings. |
SCIMA