This study sought to assess the significance of dividend policy and suggest measures that could enhance its effectiveness on firms’ performance in Nigeria. To achieve the objective, some financial and performance indicators were evaluated. The ex-post facto research design was adopted and the...

This study examines the abnormal returns of Chinese firms cross-listed on both mainland (A-share) and Hong Kong (H-share) stock markets. The results show that the abnormal returns are larger for the existing H-shares cross-listing back as A-shares in the mainland market (H-to-A listings) than...

Brady lists, named after the Supreme Court’s 1963 decision Brady v. Maryland, are lists some prosecutors maintain of law enforcement officers with histories of misconduct that could impact the officers’ credibility. The lists serve as tools for prosecutors to track officer misconduct and...

The study examined the unclaimed dividend and market value of listed firms in Nigerian stock exchange using data covering the period 2010 to 2019. Thus, the data gathered were analyzed using the Augmented Dickey-Fuller of unit root test for the stationarity of the data and autoregressive...

Existing research on institutional proximity falls short in distinguishing between geographic and market proximity in terms of their association with investors’ monitoring influence. We examine the effects of foreign firms’ proximity to the US on their equity performance. We use a unique set...

This paper examines the operating performance of Chinese banks surrounding the stock listing. The results show that while cross-border listed banks overall outperform domestically listed banks, the performances of regional (city and rural) banks and non-eastern coastal banks are inferior to...

We explore arbitrage activities for cross-listed stocks and develop a methodology to study the effect of information latency in high-frequency trading. The strategy is a hybrid between triangular arbitrage and pairs trading. The strategy can be generalized to multiple cross-listed stocks...

Decision making in the capital market is not always based on rational considerations. Investors' actions are also influenced by psychological characteristics that emerge as human innate nature. These psychological characteristics will encourage different investor reactions. This study aims to...

This paper examines rent sharing in Private Investments in Public Equity (PIPEs) between newly public firms and private investors. The evidence suggests highly asymmetric rent sharing. Newly public firms earn a negative return of up to -15% in the first post-PIPE year, while investors benefit...