文章基本信息

标题：A Qualidade da Informação Contábil e o Risco de Liquidez de Mercado
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作者：Octavio Ribeiro de Mendonça Neto ; Edson Luiz Riccio
期刊名称：Revista Organizações em Contexto
印刷版ISSN：1809-1040
电子版ISSN：1982-8756
出版年度：2009
卷号：4
期号：8
页码：100-120
出版社：Universidade Metodista de São Paulo
摘要：The market liquidity risk management has been matter of persistent concern of the financial community, monetary authorities comprised. In this context, Disclosure and market liquidity risk relation became a matter of interest for the financial and accounting researches. In this paper, which has an exploratory nature, the market liquidity risk and Disclosure relation is analyzed using a sample of companies listed in the Bolsa de Valores de São Paulo. For Disclosure level measurement we used the Disclosure Index developed by BOTOSAN (1997) and for the liquidity market risk, the VAR methodology. The results, provides preliminary evidence of negative relation between Disclosure and market liquidity risk
关键词：Rico de Liquidez; Disclosure; Bid-ask spread; VaR