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Cited by 395

The DOI matches its Crossref record; 24 of the 24 references it cites were found in a registry or an index.

Blockholder Ownership and Market Liquidity

Heflin, Frank, Shaw, Kenneth W.·2000·The Journal of Financial and Quantitative Analysis

Abstract

This paper examines the association between block ownership and market liquidity. Blockholders are believed to have access to private, value-relevant information via their roles as monitors of firms' operations. consistent with this, we find that firms with greater blockholder ownership, either by managers or external entities, have larger quoted spreads, effective spreads, adverse selection spread components, and smaller quoted depths.

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Metadata

Authors
Heflin, F., & Shaw, K. W.
Venue
The Journal of Financial and Quantitative Analysis
Publisher
JSTOR
Published
2000-12
Volume
35
Issue
4
Pages
621
ISSN
0022-1090 (ISSN-L)
OpenAlex
W2110918200
Cited by
395
References
24
FWCI
23.86
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Blockholder Ownership and Market Liquidity. https://app.cochat.ai/papers/10.2307/2676258
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Heflin, F., & Shaw, K. W. (2000). Blockholder Ownership and Market Liquidity. The Journal of Financial and Quantitative Analysis. https://doi.org/10.2307/2676258

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.