How to cite this paper
Asle, H., Valahzaghard, M & Ahranjani, B. (2013). A survey on the relationship between stock liquidity with firm performance: A case study of Tehran Stock Exchange.Management Science Letters , 3(2), 635-640.
Refrences
Adhami, S., & Asghari, M.R. (2013). Block share ownership and corporate earning: Evidence from
Tehran Stock Exchange. Management Science Letters, 3(1), 129-134.
Admati, A.R., & Pfleiderer, P. ( 2009). The ‘‘wall street walk’’ and shareholder activism: exit as a
form of voice. Review of Financial Studies, 22(7), 2645–2685.
Agrawal, V., Kothare, M., Rao, R. K., & Pavan, W. (2004). Bid-ask spreads, informed investors, and
the firm & apos; s financial condition. Journal of the Midwest Economics Association, 44(1), 58-76
Amihud, Y., & Mendelson, H. (2008). Liquidity, the value of the firm, and corporate finance. Journal
of Financial Applied Corporate Finance, 20(2), 32-45.
Amihud, Y., & Mendelson, H. (2000). The liquidity route to a lower cost of capital. Journal of
Financial Applied Corporate Finance, 12(4), 8–25.
Amihud, Y. (2002). Illiquidity and stock returns: cross-section and time- series effects. Journal of
Financial Markets, 5, 31–56.
Amihud, Y., & Mendelson, H. (1986). Asset pricing and the bid–ask spread. Journal of Financial
Economics, 17, 223–249.
Chung, K.H., Elder, J., & Kim, J.C. (2010). Corporate governance and liquidity. Journal of Financial
and Quantitative Analysis, 45, 265-291.
Chordia, T., Roll, R., & Subrahmanyam, A. (2001). Market liquidity and trading activity. Journal of
Finance, 56, 501–530
Coffee, J. (1991). Liquidity versus control: the institutional investor as corporate monitor. Columbia
Law Review, 91, 1277–1368.
Edmans, A. (2009). Blockholder trading, market efficiency, and managerial myopia. Journal of
Finance, 64(6). 2481-2513
Goldstein, I., & Guembel, A. (2008). Manipulation and the allocational role of prices. Review of
Economic Studies, 75, 133–164.
Gompers, P., Ishii, J., & Metrick, A. ( 2003). Corporate governance and equity prices. Quarterly
Journal of Economics, 118, 107–115.
Hasbrouck, J. (2009). Trading costs and returns for US equities: estimating effective costs from daily
data. Journal of Finance, 64, 1445–1477.
Hassani, M., & Mahdavi Sabet, E. (2012). The examination of signaling theory versus pecking order
theory: Evidence from Tehran Stock Exchange. Management Science Letters, 3(1), 119-128.
Holmstr?m, B., & Tirole, J. (1993). Market liquidity and performance monitoring. Journal of
Political Economy, 101, 678–709.
Holmstr?m, B., & Tirole, J.(2001). LAPM: liquidity-based asset pricing model. Journal of Finance,
56, 1837–1867.
Khanna, N., & Sonti, R. (2004). Value creating stock manipulation: feedback effect of stock prices on
firm value. Journal of Financial Markets, 7, 237–270.
Tehran Stock Exchange. Management Science Letters, 3(1), 129-134.
Admati, A.R., & Pfleiderer, P. ( 2009). The ‘‘wall street walk’’ and shareholder activism: exit as a
form of voice. Review of Financial Studies, 22(7), 2645–2685.
Agrawal, V., Kothare, M., Rao, R. K., & Pavan, W. (2004). Bid-ask spreads, informed investors, and
the firm & apos; s financial condition. Journal of the Midwest Economics Association, 44(1), 58-76
Amihud, Y., & Mendelson, H. (2008). Liquidity, the value of the firm, and corporate finance. Journal
of Financial Applied Corporate Finance, 20(2), 32-45.
Amihud, Y., & Mendelson, H. (2000). The liquidity route to a lower cost of capital. Journal of
Financial Applied Corporate Finance, 12(4), 8–25.
Amihud, Y. (2002). Illiquidity and stock returns: cross-section and time- series effects. Journal of
Financial Markets, 5, 31–56.
Amihud, Y., & Mendelson, H. (1986). Asset pricing and the bid–ask spread. Journal of Financial
Economics, 17, 223–249.
Chung, K.H., Elder, J., & Kim, J.C. (2010). Corporate governance and liquidity. Journal of Financial
and Quantitative Analysis, 45, 265-291.
Chordia, T., Roll, R., & Subrahmanyam, A. (2001). Market liquidity and trading activity. Journal of
Finance, 56, 501–530
Coffee, J. (1991). Liquidity versus control: the institutional investor as corporate monitor. Columbia
Law Review, 91, 1277–1368.
Edmans, A. (2009). Blockholder trading, market efficiency, and managerial myopia. Journal of
Finance, 64(6). 2481-2513
Goldstein, I., & Guembel, A. (2008). Manipulation and the allocational role of prices. Review of
Economic Studies, 75, 133–164.
Gompers, P., Ishii, J., & Metrick, A. ( 2003). Corporate governance and equity prices. Quarterly
Journal of Economics, 118, 107–115.
Hasbrouck, J. (2009). Trading costs and returns for US equities: estimating effective costs from daily
data. Journal of Finance, 64, 1445–1477.
Hassani, M., & Mahdavi Sabet, E. (2012). The examination of signaling theory versus pecking order
theory: Evidence from Tehran Stock Exchange. Management Science Letters, 3(1), 119-128.
Holmstr?m, B., & Tirole, J. (1993). Market liquidity and performance monitoring. Journal of
Political Economy, 101, 678–709.
Holmstr?m, B., & Tirole, J.(2001). LAPM: liquidity-based asset pricing model. Journal of Finance,
56, 1837–1867.
Khanna, N., & Sonti, R. (2004). Value creating stock manipulation: feedback effect of stock prices on
firm value. Journal of Financial Markets, 7, 237–270.