PT  - JOURNAL ARTICLE
AU  - Emre Kuvvet
TI  - Corporate Fraud and Liquidity
AID  - 10.3905/jot.2015.10.3.065
DP  - 2015 Jun 30
TA  - The Journal of Trading
PG  - 65--71
VI  - 10
IP  - 3
4099  - https://pm-research.com/content/10/3/65.short
4100  - https://pm-research.com/content/10/3/65.full
AB  - This article examines the implications of corporate fraud on stock liquidity. The author finds that the revelation of corporate fraud has an adverse effect on liquidity not only in the short term but also in the long term. He also finds that the complexity and severity of fraudulent activities do not further reduce liquidity; rather, the existence of fraud is what matters to investors.TOPICS: Security analysis and valuation, accounting and ratio analysis