Supplement to 'Inalienable Customer Capital, Corporate Liquidity, and Stock Returns'
38 Pages Posted: 17 Oct 2019 Last revised: 18 Dec 2022
Date Written: October 9, 2019
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: Suggested Citation