Journal Article
The dark side of liquidity
Abstract: A look at the disadvantages of a firm's having too much liquidity, explaining that when a company has a great deal of its worth tied up in liquid assets, it has a harder time attracting investors, who must be convinced that the firm's managers will not \\"take the money and run.\\"
Keywords: Corporations - Finance; Liquidity (Economics);
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1997
Issue: Sep
Order Number: 2