The author examine the effect of corporate domicile of Hong Kong companies to other countries that were motivated by a desire to reduce political risk. They argue that political risk is too subjective a concept to be exposed to systematic quantitative analysis. The authors provide empirical...

This study examines the institutional investors' trading strategies to exploit the post-earnings announcement drift (PEAD) around earnings announcements in China. China's fund management industry is developing rapidly. Our findings suggest the possibility that institutional investors trade on...