Supplement to 'Inalienable Customer Capital, Corporate Liquidity, and Stock Returns'

38 Pages Posted: 17 Oct 2019 Last revised: 18 Dec 2022

See all articles by Winston Wei Dou

Winston Wei Dou

The Wharton School, University of Pennsylvania; National Bureau of Economic Research (NBER)

Yan Ji

Hong Kong University of Science & Technology (HKUST)

David Reibstein

University of Pennsylvania - Marketing Department

Wei Wu

Texas A&M University

Date Written: October 9, 2019

Abstract

This is the supplemental material to the paper titled "Inalienable Customer Capital, Corporate Liquidity, and Stock Returns." It includes additional empirical, theoretical, and quantitative results. It also includes illustration for the numerical algorithm for our model solution.

Keywords: Brand loyalty; Financial constraints risk; Inalienable human capital; Talent turnover; Marketing

JEL Classification: G12, G30, M31, M37, E22

Suggested Citation

Dou, Winston Wei and Ji, Yan and Reibstein, David and Wu, Wei, Supplement to 'Inalienable Customer Capital, Corporate Liquidity, and Stock Returns' (October 9, 2019). Journal of Finance, Forthcoming, Available at SSRN: https://ssrn.com/abstract=3466016

Winston Wei Dou (Contact Author)

The Wharton School, University of Pennsylvania ( email )

2318 Steinberg Hall - Dietrich Hall
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Philadelphia, PA 19104
United States

HOME PAGE: http://finance-faculty.wharton.upenn.edu/wdou/

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

HOME PAGE: http://www.nber.org/people/winston_wei_dou?page=1&perPage=50

Yan Ji

Hong Kong University of Science & Technology (HKUST) ( email )

Clearwater Bay
Kowloon, 999999
Hong Kong

David Reibstein

University of Pennsylvania - Marketing Department

700 Jon M. Huntsman Hall
3730 Walnut Street
Philadelphia, PA 19104-6340
United States

Wei Wu

Texas A&M University ( email )

360M Wehner
College Station, TX 77843-4218
United States
979-862-8092 (Phone)

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