Cai, Bill M.; Cai, Charlie X.; Keasey, Kevin - In: Accounting and Finance 47 (2007) 4, pp. 623-641
This paper builds on prior research by analysing the impact of cultural factors on both price clustering and price resistance in China's stock markets. The results support the presence of cultural factors impacting on price clustering with the digit 8 showing a higher propensity for clustering...
