Auteur Qiao Liu
Documents disponibles écrits par cet auteur (2)
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Article : texte imprimé
Qiang Kang, Auteur ; Qiao Liu, Auteur |We examine the role of information-based stock trading in affecting the risk–incentive relation. By incorporating an endogenous informed trading into an optimal incentive contracting model, we analytically show that, apart from reducing incentiv[...]
Article : texte imprimé
Qiao Liu, Auteur ; Kit Pong Wong, Auteur |This paper develops a real options model to understand two distinct roles played by intellectual capital in corporate financing decisions. Whereas limiting a firm's debt capacity because of its low liquidation value, intellectual capital enhance[...]
