Does Corporate Governance Affect Firm Liquidity? Empirical Evidence from Romania

Floriniţa DUCA PhD Student
The Bucharest University of Economic Studies

Abstract

This paper examines the relation between corporate governance and liquidity from roumanian firms. We construct a measure of corporate governance based on publicly available information for each firm listed on the Bucharest Stock Exchange over the 2006-2013 interval. Results of the study suggest a positive relationship between the liquidity and the corporate governance.

JEL Classification: C10, G10, G30

[Full Text]

Sumar RRSS 10/2014