Showing 240,621 - 240,630 of 245,816
Purpose – The purpose of this paper is to study the effects of short‐sale constraints and differences of opinions on the price premium of dual listed Chinese A‐H shares. Design/methodology/approach – The analysis mainly follows the Miller's model, which indicates that the relaxation of...
Persistent link: https://www.econbiz.de/10014694486
Purpose – The aim of this paper is to empirically analyze the source of commonality in liquidity change in China … China's stock market. Findings – The results showed that to take the open‐end fund as a representative of institutional … investors, their involuntary trading behaviors were an important source of commonality in liquidity change in China's stock …
Persistent link: https://www.econbiz.de/10014694487
Purpose – The purpose of this paper is to empirically analyze the relationship between risky asset allocation and background risk of Chinese residents. Design/methodology/approach – Using Chinese macroeconomic data, this study uses numerical method to solve dynamic stochastic optimal...
Persistent link: https://www.econbiz.de/10014694488
performance in China. Design/methodology/approach – Based on a sample of non‐financial listed companies in the Chinese stock … boards and corporate performance in China. Findings – The paper finds many busy boards in Chinese listed companies; compared … performance in China directly. The findings are also useful to regulation of limiting the numbers of independent directors seated …
Persistent link: https://www.econbiz.de/10014694492
results indicate that in China the credit risk of corporate bonds is relatively low and the corporate bonds are still …
Persistent link: https://www.econbiz.de/10014694513
implementation of delisting regulations, and investors rationally discounted the reliability of earnings announcements in China. Such … literature by using this unique exogenous policy change in China and following a difference-in-difference approach in identifying …
Persistent link: https://www.econbiz.de/10014694514
Purpose – The purpose of this paper is to prove the effectiveness of minimum semi‐absolute deviations (MSAD) method in dynamic portfolio investment. Design/methodology/approach – In financial investment, the classical static portfolio theory of Markowitz type lacks the dynamic adaptability...
Persistent link: https://www.econbiz.de/10014694566
Purpose – The main purpose of this paper is to investigate whether Chinese investors can benefit from international diversification and where these benefits are to be found. Design/methodology/approach – This paper applies an expanding optimization procedure, which is different from the...
Persistent link: https://www.econbiz.de/10014694584
with the world’s second largest economy “China.” For this, the paper employed the foreign exchange data sets of respective … China, and further, examined the past and current level of their co-relational dependence. Design/methodology/approach – The … seven groups with China, and thus, making a total of 14 data sets. The analysis was carried out using the Johansen and …
Persistent link: https://www.econbiz.de/10014694587
Purpose The purpose of this paper is to examine the relationship between financial development and internationalization of Chinese firms, whether the above relationship could be varied for firms with different kinds of ownership, and the channels through which financial development affects...
Persistent link: https://www.econbiz.de/10014694595