Nainggolan, Yunieta Anny - In: Afro-Asian Journal of Finance and Accounting 1 (2009) 3, pp. 215-234
The cross-sectional share price variation in eight East Asian markets before, during and after the 1997 Asian financial crisis is examined. The paper also studies whether firms in these markets correct their share prices to the optimal trading range using stock splits. The results vary across...