Purpose - This paper explores how a firm's public stand on a social-political issue can be a salient signal of the firm's values, identity and reputation. In particular, it investigates how boycott participation-conceptualized as a cue of a corporation's stand on important social-political...

This dissertation contributes to the on-going discussion about the role of informed trading in the formation of efficient security prices. In Chapter II, I examine the pre-announcement periods with the temporary increases in informed trading. The findings suggest that the market can detect the...

Although China now has one of the largest government bond markets in the world, the market has received relatively little attention and analysis. We describe the history and structure of the market and assess its functioning. We find that trading in individual bonds was historically sparse but...