He, Wen; Li, Donghui; Shen, Jianfeng; Zhang, Bohui - In: Journal of International Money and Finance 36 (2013) C, pp. 211-230
This study investigates the relation between large foreign ownership (LFO) and the informativeness of stock prices in 40 markets. We show that LFO is positively related to price informativeness, measured by probability of informed trading (PIN) and price non-synchronicity (NONSYNC) which...
