Paper millionaires
Subtitle: how valuable is stock to a stockholder who is restricted from selling it?
By: Matthias Kahl, Jun Liu, Francis A. Longstaff.
Contributors: Liu, Jun.; Longstaff, Francis A.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 8969; Working paper series (National Bureau of Economic Research) -- working paper no. 8969.
Publisher: National Bureau of Economic Research
Published: 2002
Place of publication: Cambridge, MA
Language: eng
Number of pages: 19
Subjects: Stock purchase agreements (Close corporations) -- United States.; Liquidity (Economics) -- United States.; Stock ownership -- United States.; Close corporations -- Finance.
Other titles: How valuable is stock to a stockholder who is restricted from selling it?
Notes: "June 2002."

JEL no. G11.

Includes bibliographical references.

Electronic access limited to Binghamton University faculty, staff and students for instructional and research purposes only.

Electronic version available via the Internet at the NBER World Wide Web site.