Visaltanachoti, Nuttawat; Luo, Hang; Lu, Lin - In: Applied Financial Economics 17 (2007) 15, pp. 1265-1274
This article examines the relation between average holding periods, stock illiquidity and investors' disposition effects in the Chinese stock markets between 1996 and 2003. The results show that Chinese investors' holding periods are longer for illiquid stocks and are inversely associated with...
