Purpose – The purpose of this paper is to provide a detailed overview of the China Investment Corporation (CIC) and its structure, investment activities and possible future investments. Design/methodology/approach – This paper uses a case study approach and builds up a picture of sovereign...

We document that the salience theory of choice under risk provides a good explanation for the cross-sectional cryptocurrency returns. Investors overweigh salience payoffs, payoffs that stand out from the average of the alternatives. This leads to overpricing (underpricing) the cryptocurrencies...

This article empirically investigates the exposure of country-level conditional stock return volatilities to conditional global stock return volatility. It provides evidence that conditional stock market return volatilities have a contemporaneous association with global return volatilities....

The paper uses market microdata to examine how the frequency with which share trading takes place affects the appearance of the compass rose. The results show that, for a share traded with a given frequency, there will be an optimum frequency of observation to produce the best compass rose.

Purpose – The purpose of this paper is to demonstrate how Japanese bank “performance” has improved markedly since fiscal 2003 but to caution against over‐optimism. Design/methodology/approach – The methodological approach adopted involves using aggregate balance sheet data dating from...

Purpose – The purpose of this paper is to understand the market entry dynamics of foreign banks in China. Design/methodology/approach – The paper employs multi‐method approaches combining both questionnaires survey data and qualitative interviews. Also, integration of internalization...