Purpose – The purpose of this paper is to examine long‐term return of new China collectible stamps after their issuance and how stamp characteristics affect the return. Design/methodology/approach – The authors construct a model to analyze the determinants of stamps' long‐term return and...

Purpose – The purpose of this paper is to examine preferences of Chinese individual and institutional investors to cash dividends and stock dividends. Using categorized daily holding information from the TOPVIEW database, the authors test how percentage holdings of individuals and...