Lee, Chun-I; Chou, Robin K.; Hsieh, Edward S.; Gleason, … - In: Applied Financial Economics 22 (2012) 24, pp. 2009-2025
This article investigates the role of institutional investors in the Taiwanese equity markets in the resolution of noise trading, which we define as the deviation of a stock's price from its fundamental value within a trading day. We use a sample of stocks traded on the Taiwan Stock Exchange...