Podcast
Questions and Answers
How does liquidity impact firm value according to Fang, Noe, and Tice (2009)?
How does liquidity impact firm value according to Fang, Noe, and Tice (2009)?
- No impact
- Negatively
- Positively (correct)
- Unpredictable
According to Khanna and Sonti (2004), how does liquidity influence the entry of informed investors into the market?
According to Khanna and Sonti (2004), how does liquidity influence the entry of informed investors into the market?
- It stimulates the entry of informed investors (correct)
- It confuses the informed investors
- It reduces entry of informed investors
- It has no effect on the entry of informed investors
How does high business uncertainty affect the relationship between liquidity and performance, as per Fang et al. (2009)?
How does high business uncertainty affect the relationship between liquidity and performance, as per Fang et al. (2009)?
- Weakens the relationship
- No impact on the relationship
- Creates unpredictability in the relationship
- Strengthens the relationship (correct)
What effect does higher Integrated Reporting Quality (IRQ) have on liquidity, based on the text?
What effect does higher Integrated Reporting Quality (IRQ) have on liquidity, based on the text?
How does disclosure quality impact firm value according to the text?
How does disclosure quality impact firm value according to the text?
What can decrease liquidity, decrease share prices, and increase cost of capital according to the text?
What can decrease liquidity, decrease share prices, and increase cost of capital according to the text?
How are liquidity and cost of capital viewed in relation to integrated reporting?
How are liquidity and cost of capital viewed in relation to integrated reporting?
What does a theoretical link between liquidity and disclosure quality suggest?
What does a theoretical link between liquidity and disclosure quality suggest?
How is the percentile rank of IRQ, IRQ_R, calculated each year?
How is the percentile rank of IRQ, IRQ_R, calculated each year?
In the study, why are the equations estimated separately for each component of IRQ?
In the study, why are the equations estimated separately for each component of IRQ?
Why is corporate governance included as a control variable in equation (1)?
Why is corporate governance included as a control variable in equation (1)?
What is the primary reason for using the change in IRQ_R to measure a firm's change in relative IRQ?
What is the primary reason for using the change in IRQ_R to measure a firm's change in relative IRQ?
Flashcards are hidden until you start studying
