Ke, Mei-Chu; Huang, Yen-Sheng; Liao, Tung Liang; Wang, … - In: International Review of Economics & Finance 27 (2013) C, pp. 330-344
This paper examines the impact of increased transparency on market quality for stocks listed on the Taiwan Stock Exchange in the pre- and post-period of enhanced transparency starting from January 1, 2003. The Taiwan Stock Exchange discloses unexecuted orders of the five best bid and ask prices...