Showing 1 - 10 of 17
In an efficient stock market stock prices instantaneously and accurately adjust to new information. This paper conducts an event study analysis on an emerging market namely the Karachi Stock Exchange (KSE) by investigating the stock price reaction to public announcement of quarterly after tax...
Persistent link: https://www.econbiz.de/10009021699
Insiders of Canadian reporting issuers are required to file public reports when they acquire, buy, or sell securities of that reporting issuer. These public reports must be filed using a prescribed form and must be filed within a specific time frame. Failure to file these public reports or...
Persistent link: https://www.econbiz.de/10011109644
In most of case, the insider trading is a behavior transgression of law, it is a practice deemed illegal by law. This practice is unfair and opaque; it distorts the confidence and equality of investors to make trading in the market. An insider acting or allows other intermediaries to act in the...
Persistent link: https://www.econbiz.de/10008560130
support that the concentration of managerial ownership affects the firms financial policies, mainly the leverage and dividend … determines a negative and significant association among the mangers ownership concentration and dividend policy of the firms … asymmetric information will decrease and directly decrease the effectiveness of the dividend policy. Beside this the firms with …
Persistent link: https://www.econbiz.de/10011260358
This research aims to test dividend signaling theory in an Indonesian capital market. Signaling theory states that … dividend policy has information content that can influence to share price. Examination of theory of signaling is related to … research phenomena in other countries indicating that by percentage there is degradation of company which is pay dividend and …
Persistent link: https://www.econbiz.de/10008685512
According to the prior literature, family executives of family-controlled firms receive lower compensation than non-family executives. One of the key driving forces behind this is the existence of family members who are not involved in management, but own significant fraction of shares and...
Persistent link: https://www.econbiz.de/10011108030
Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing countries' economic development from the formerly prevailing...
Persistent link: https://www.econbiz.de/10011257823
Using data from 1991 to 2006 in Hong Kong, this paper documents how the distribution of workers’ earnings and the inequality of immigrants’ and natives’ earnings changed over time. We decompose earnings inequality to explore how the changes in immigrants’ share of the labor force have...
Persistent link: https://www.econbiz.de/10011259925
This paper identifies the ex ante factors of currency speculation based on the experience of Hong Kong’s three episodes in 1988, 1998 and 2007. The dynamic conditional correlation models are used to study the inter-temporal interactions among the Hang Seng Index, Hang Seng Index futures and...
Persistent link: https://www.econbiz.de/10009370834
House prices crash has become an important feature of macroeconomic crisis. We argue that house prices crash driven by contractionary monetary policy is not only a reaction to crisis, but also accelerates and amplifies the fluctuations of major macroeconomic variable. In this paper, we conduct a...
Persistent link: https://www.econbiz.de/10009372559