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Liquidité, coût du capital et organisation de la négociation des valeurs boursières

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  • Thierry Foucault

Abstract

[fre] Dans cette note, nous présentons certains des arguments avancés dans la littérature académique en ce qui concerne la façon dont (1) l’organisation des échanges boursiers et (2) plus généralement la liquidité du marché financier peuvent influencer le coût du capital et . in fine la valeur des entreprises cotées en Bourse. . Classification JEL : G14 [eng] Liquidity, cost of capital and the organization of trading in stock markets . 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

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  • Thierry Foucault, 2006. "Liquidité, coût du capital et organisation de la négociation des valeurs boursières," Revue d'Économie Financière, Programme National Persée, vol. 82(1), pages 123-138.
    • Handle: RePEc:prs:recofi:ecofi_0987-3368_2006_num_82_1_4041
    DOI: 10.3406/ecofi.2006.4041
    Note: DOI:10.3406/ecofi.2006.4041
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    More about this item

    JEL classification:

    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading

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