This paper examines the equity market opening in Vietnam, a frontier market that has taken gradual steps of relaxing … capital control, by analysing whether liberalization policies in the period 2009–15 have had an impact on informational … efficiency. We applied time-varying Hurst exponent during the liberalization period and tested Adaptive Market Hypothesis. The …

, profitability, corporate risk-taking behavior, and investment in Vietnam by using Generalized Method of Moments (GMM) methods. Using …

This investigation is among the first to examine the impact of stock market liberalization on the efficiency of Latin … liberalization on efficiency, we employ several approaches, including the runs test, Chow-Denning multiple variation ratio test …. We find that stock market liberalization does not significantly improve stock market efficiency in Latin America …