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- W1969135437 abstract "Abstract In this paper, we compare the liquidity constraints and investment opportunities for large and small businesses. This is done by examining the relationship between stock liquidity and investment opportunities in a sample of large and small enterprises listed on the London Stock Exchange. We find a positive statistical association between stock liquidity and investment opportunities, regardless of the size of the enterprise. This unique result in the London Stock Exchange suggests that firm size does not influence corporate investment decisions because there is no significant change in the cost of capital between large and small enterprises." @default.
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- W1969135437 date "2013-07-01" @default.
- W1969135437 modified "2023-09-26" @default.
- W1969135437 title "Liquidity Constraints and Investment Opportunities: New Evidence from Large and Small Businesses in the UK" @default.
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- W1969135437 doi "https://doi.org/10.1080/13571516.2013.782985" @default.
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