Local Religiosity and Stock Liquidity

Author:

Entrop Oliver,Rohleder Martin,Seruset Marco

Publisher

Elsevier BV

Subject

General Earth and Planetary Sciences,General Environmental Science

Reference137 articles.

1. Based on our hypothesis, we would expect that such HQ changes are related to a decrease in BAS. Indeed, we find a negative and statistically significant coefficient. In Model 5b, where we consider "measurable" decreases of REL only, we observe no association with BAS. When we consider both types together (Model 5c), we obtain similar results as with the solely considerations. To further enhance validity, we test the sensitivity of our results regarding the classification of a "measurable" change in religiosity. For this purpose, we redefine the adherence increasing (de-51 The change variables are defined in a similar way to the changes in REL over the same time;Model 5a, we investigate HQ changes that comes along with a "measurable" increase of REL,2016

2. Does religiosity matter for bank risk taking;B K Adhikari;Journal of Corporate Finance,2016

3. Do Proxies for Informed Trading Measure Informed Trading? Evidence from Illegal Insider Trades. The Review of;K R Ahern;Asset Pricing Studies,2020

4. Price revelation from insider trading: Evidence from hacked earnings news;P Akey;Journal of Financial Economics,2022

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