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Why does capital no longer flow more to the industries with the best growth opportunities?
Lee, Dong Wook; Shin, Han; Stulz, René M. - 2016
Persistent link: https://www.econbiz.de/10011584108
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Why does capital no longer flow more to the industries with the best growth opportunities?
Lee, Dong Wook; Shin, Hyun-Han; Stulz, René M. - 2016
With functionally efficient capital markets, we expect capital to flow more to the industries with the best growth opportunities. As a result, these industries should invest more and see their assets grow more relative to industries with the worst growth opportunities. We find that industries...
Persistent link: https://www.econbiz.de/10011962227
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Why does equity capital flow out of high Tobin's q industries?
Lee, Dong Wook; Shin, Hyun-Han; Stulz, René M. - In: The review of financial studies 34 (2021) 4, pp. 1867-1906
Persistent link: https://www.econbiz.de/10012504725
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Short selling by individual investors : destabilizing or price discovering?
Jung, Chan Shik; Kim, Woojin; Lee, Dong Wook - In: Pacific-Basin finance journal 21 (2013) 1, pp. 1232-1248
Persistent link: https://www.econbiz.de/10009693384
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The role of the temporary component in spot prices in the revision of expected future spot prices : evidence from index futures quotes
Kang, Hyung Cheol; Lee, Dong Wook; Lee, Eun Jung; Park, … - In: The journal of futures markets 32 (2012) 3, pp. 230-251
Persistent link: https://www.econbiz.de/10010218771
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Dollar-weighted return on aggregate corporate sector : how is it distributed across countries?
Sun, Lingxia; Lee, Dong Wook - In: Pacific-Basin finance journal 57 (2019), pp. 1-19
Persistent link: https://www.econbiz.de/10012170377
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US banks, crises, and bailouts : from Mexico to LTCM
Kho, Bong-Chan; Lee, Dong; Stulz, René M. - In: The American economic review 90 (2000) 2, pp. 28-31
Persistent link: https://www.econbiz.de/10001502537
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US banks, crises, and bailouts : from Mexico to LTCM
Kho, Bong-Chan (contributor); Lee, Dong (contributor);  … - 2000 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001520883
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US banks, crises, and bailouts : from Mexico to LTCM
Kho, Bong-Chan; Lee, Dong; Stulz, René M. - 2000
Persistent link: https://www.econbiz.de/10001450357
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An analysis of divisional investment policies
Shin, Hyun-Han; Stulz, René M. - 1996
Persistent link: https://www.econbiz.de/10000593363