Home About Latest Browse RSS Advanced Search

Federal Reserve Bank of Cleveland
Economic Commentary
The dark side of liquidity
Joseph G. Haubrich
João Cabral dos Santos
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."


Download Full text
Cite this item
Joseph G. Haubrich & João Cabral dos Santos, "The dark side of liquidity" , Federal Reserve Bank of Cleveland, Economic Commentary, issue Sep, 1997.
More from this series
JEL Classification:
Subject headings:
Keywords: Liquidity (Economics) ; Corporations - Finance
For corrections, contact 4D Library ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal