Kong, Dongmin; Xiao, Tusheng; Liu, Shasha - In: China Finance Review International 1 (2010) 1, pp. 6-33
Purpose – The purpose of this paper is to explore the relations of investment and stock prices (Tobin‐Q), the impact of asymmetric information on the investment sensitivity to stock price, and the impact of asymmetric information on the stock price sensitivity to investment....