This paper investigates the association between Hong Kong politically connected firms and their cost of debt. We extend the knowledge of this association by comparing our results with those of Bliss and Gul (2012) who used Malaysian data to examine it. We find that Hong Kong politically...

The objective of this paper is to explore the stock markets integration between the US and the Asian stock markets during different US monetary policy stances. Our empirical findings tend to suggest that stock markets are highly integration during the periods of US's easy monetary policy stance....