Using popular technical trading rule of moving averages, this study documents the profitability of technical analysis for equal weighted random portfolios from Australian Securities Exchange (ASX) and New Zealand Exchange (NZX) equity markets. The findings confirm prior evidence on the...

We explore extreme return-volumes dependence among different cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Litecoin by using the Copula approach. We use Student-t, Frank, Clayton, Survival Clayton, Gumbel, and SJC copulas. We filter out margins by using the EGARCH model for return...

In this paper, we investigate the day of the week and the month of the year effects in African stock markets, both in the Gregorian and the Hijri calendars. Specifically, we investigate Monday effect, Friday effect, January effect and Ramadan effect, from January 2009 to December 2019, using OLS...

This study investigates the hedge and safe-haven properties of precious metals for African stock markets and report a strong safe-haven and hedging potential of precious metals for African stock markets with gold showing a consistent display of these features from the GARCH model. Results from...

This study investigates the impact of women directors on a firm’s sustainable growth rate. Using data from 2003 to 2017 for Chinese listed firms, we found a positive relationship between women directors and a sustainable growth rate. Our study also contributes to institutional theory by...

We explore the potential dependence among different Asian stock markets, using several different statistical models. Extreme return-volume dependence in Hong Kong Seng Index, Bombay Stock Exchange, Indonesia Composite Index and Bursa Malaysia has been examined by using FIGARCH-Copula and...