Stock markets play a key role in corporate financing in Asia. However, despite their increasing importance in terms of … theory, as well as accounting literature, we find evidence of greater idiosyncratic influences in the pricing of Asia's stock … stock pricing, which suggests that improvements in the regulation of securities markets in Asia could enhance the role of …

Stock markets play a key role in corporate financing in Asia. However, despite their increasing importance in terms of … theory, as well as accounting literature, we find evidence of greater idiosyncratic influences in the pricing of Asia’s stock … stock pricing, which suggests that improvements in the regulation of securities markets in Asia could enhance the role of …