Examining stock price crash risk in emerging economies is important since emerging equity markets are characterized by excessive volatility and weak corporate governance. This paper investigates the relationship between foreign ownership and crash risk using a data sample of firms listed on the...

We construct a momentum factor that identifies cross-sectional winners and losers based on a weighting scheme that incorporates all the price data, over the entire lookback period, as opposed to only the first and last price points of the window. The weighting scheme is derived from the...