The Impact of Institutional Environment on the Company Liquidity Pricing
- DOI
- 10.2991/emcs-16.2016.108How to use a DOI?
- Keywords
- Institutional environment; Company liquidity pricing; Impact of random liquidity; Value of liquidity; Changes of policy
- Abstract
The aim of this paper is to study how the institutional environment affects the company liquidity pricing, and the research objects are listed companies. We study the objects comprehensively by theoretical derivation and apply the institutional environment into the model, which is set for the liquidity pricing problem of listed companies. Our findings indicate that changes of policies will promote the company liquidity price, and the wider range it changes, the higher prices will be. This case demonstrates that to improve the value of company’s liquidity, we can continuously make the institutional environment better. This paper illustrates a systemic way of improving the value of incorporation liquidity, i.e. improving the institutional environment.
- Copyright
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Jinmin Du AU - Xiaodong Ye AU - Yamin Ye PY - 2016/01 DA - 2016/01 TI - The Impact of Institutional Environment on the Company Liquidity Pricing BT - Proceedings of the 2016 International Conference on Education, Management, Computer and Society PB - Atlantis Press SP - 452 EP - 455 SN - 2352-538X UR - https://doi.org/10.2991/emcs-16.2016.108 DO - 10.2991/emcs-16.2016.108 ID - Du2016/01 ER -