法国股市流动性外文文献翻译(节选)
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1、1600 单词, 10000 英文字符,中文 3000 字 文献出处: Ajina A, Lakhal F, Sougn D. Institutional investors, information asymmetry and stock market liquidity in FranceJ. International Journal of Managerial Finance, 2015, 11(1):44-59. http:/w ww.w 原文 Institutional investors, information asymmetry and stock market liqui
2、dity in France Ajina, Aymen, faten lakhal, and Danielle Sougn. 1. Introduction Institutional investors are considered as a common feature of modern capital markets. They play a major role in internationalizing financial markets because they manage huge volume of assets: nearly 62,000 billion dollars
3、 at the end of 2006, more than the total GDP of major industrialized countries. In 2005, institutional investors held 65% of equity in firms listed on the NYSE/AMEX, indicating a compound annual growth rate of 6.3% over the past 25 years (Agarwal, 2009). Institutional investors have constantly monit
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