Showing 1 - 10 of 54
Purpose The purpose of this paper is to investigate the impact of the frequency of information acquisition on the frequency of stock trading. The authors also examined if the Big Five personality traits of investor influence the association between information acquisition and stock trading...
Persistent link: https://www.econbiz.de/10014694596
Purpose – The purpose of this paper is to examine Chinese firms’ long-term value creation derived from cross-border mergers and acquisitions (CBMAs). Design/methodology/approach – The authors collected a sample of 140 CBMAs conducted by Chinese firms listed in Shenzhen and Shanghai stock...
Persistent link: https://www.econbiz.de/10014698003
Purpose – The aim of this paper is to investigate stakeholder power changes and their impact on firms' disclosure decisions in the Chinese stock market. Using legitimacy theory and stakeholder theory, the paper identifies newly emerged stakeholder groups for listed Chinese firms during three...
Persistent link: https://www.econbiz.de/10014929322
Purpose – The purpose of this paper is to investigate the relative value relevance of accounting measures based on Chinese Accounting Standards (CAS) and International Financial Reporting Standards (IFRS) in relation to both A‐share and B‐share markets during three distinct phases...
Persistent link: https://www.econbiz.de/10014839413
Purpose – The purpose of this study is to analyze the relationship between country risk, stock prices and the exchange rate of the renminbi (RMB) compared to that of the US dollar. Design/methodology/approach – An extended open macroeconomic model with investment–saving, liquidity...
Persistent link: https://www.econbiz.de/10014867177
Purpose The purpose of this paper is to investigate the impact of the key sources of information, namely, financial advice, word-of-mouth communication and specialized press, on trading behavior of Chinese stock investors. The study also analyzed if the association between the key sources of...
Persistent link: https://www.econbiz.de/10014941672
Purpose This paper aims to examine the Chinese investment anomaly and dissect it from a perspective of rational expectation framework. Design/methodology/approach Characteristic-based sorting and Fama–MacBeth two-stage cross-sectional regression are adopted to test the relationship between...
Persistent link: https://www.econbiz.de/10014954376
Purpose This paper investigates the relationship between institutional ownership and idiosyncratic volatility in Chinese and the USA stock markets and explores the potential explanations. Design/methodology/approach In this paper, the authors use the panel data regressions and the dynamic tests...
Persistent link: https://www.econbiz.de/10015346498
Purpose This paper aims to the relationship between liquidity fluctuation trends and stocks’ expected returns. Design/methodology/approach The authors use the multi-fractal detrended fluctuation analysis to study the liquidity non-linear multi-fractal characteristics of stock market and...
Persistent link: https://www.econbiz.de/10015349302
Purpose – The purpose of this paper is to consolidate the state of the empirical research to date on the relationship between leadership and corporate responsibility. Design/methodology/approach – The authors conduct a comprehensive, systematic and narrative review of all published...
Persistent link: https://www.econbiz.de/10014677440