Similar Search Results

Information Asymmetry, Cultural Difference, and Divergence in Investor Reactions : Empirical Evidence from the Chinese and U.S. Stock Markets

Lee, Seungho; Walker, Thomas John; Zhang, Aoran; Zhao, … - 2021

This paper investigates how heterogeneous sentiments and perspectives expressed in public online media about the abolition of the Chinese presidential term limit in 2018 may have caused a divergence in investor behavior between the U.S. and China. We document that sentiments expressed in social...

Persistent link: https://www.econbiz.de/10013314597

Board Reforms, Stock Liquidity, and Stock Market Development

Qiu, Buhui; To, Thomas Y. - 2022

This paper studies the effect of board reforms on stock liquidity using data from 37 countries. We document that board reforms significantly increase stock liquidity—effective spread on average decreases by 12.7% after a board reform. As information asymmetry is a key determinant of stock...

Persistent link: https://www.econbiz.de/10013403394

The extended opening session of the futures market and stock price behavior : evidence from the Taiwan stock exchange

Lee, Hsiu-chuan; Chien, Cheng-yi; Chen, Hsiang-lan; … - In: Review of Pacific Basin financial markets and policies 12 (2009) 3, pp. 403-416

Persistent link: https://www.econbiz.de/10003891360

The impacts of day trading activity on market quality : evidence from the policy change on the Taiwan stock market

Yang, Tun-Ya; Huang, Si-Yuan; Tsai, Wei-Che; Weng, Pei-Shih - In: Journal of derivatives and quantitative studies 28 (2020) 4, pp. 191-207

This paper aims to investigate the impact of day trading on market quality on the Taiwan stock market with the … stock market in Taiwan officially approved selected stocks for day trading for all investors. Within the sample period, the … trading to deal with the possible endogenous problem and the main findings remain consistent. Since early 2014, the Taiwan …

Persistent link: https://www.econbiz.de/10012592723

Google Searches around Analyst Recommendation Revisions : Evidence from the Taiwan Stock Market

Wu, Ming-Hung - 2018

recommendation revision announcements made by securities firms in the Taiwan stock market. Our results reveal that for upgrade …

Persistent link: https://www.econbiz.de/10012932991

Are magnet effects caused by uninformed traders? : evidence from Taiwan stock exchange

Wong, Woon K.; Chang, Matthew C.; Tu, Anthony H. - In: Pacific-Basin finance journal 17 (2009) 1, pp. 28-40

Persistent link: https://www.econbiz.de/10003800542

The Stock Closing Call and Futures Price Behavior : Evidence from the Taiwan Futures Market

Lee, Hsiu-Chuan - 2012

period of the stock closing call. On July 1, 2002, the Taiwan Stock Exchange expanded the length of the batching period …

Persistent link: https://www.econbiz.de/10013106854

The Magnet Effect Under Relaxed Daily Price Limits : Evidence from Taiwan

Chang, Ya-Kai; Chang, Che-Jui - 2021

This study investigates the magnet effect after relaxing the daily price limits in the Taiwan Stock Exchange by using a …

Persistent link: https://www.econbiz.de/10013323948

The solar and lunar divide and the impact on Taiwan's stock returns

Yang, Der-Yuan; Lee, Chen Hsun - In: Cogent economics & finance 4 (2016) 1, pp. 1-8

Under the influence of the western world, the solar New Year celebration seems to have fascinated everyone in Taiwan … on the stock market of Taiwan, showing that the lunar effect outshines the solar one, but the magnitude is decreasing for …

Persistent link: https://www.econbiz.de/10011487735

Market reaction to mandatory nonfinancial disclosure

Grewal, Jody; Riedl, Edward J.; Serafeim, George - 2016

We examine the equity market reaction to events associated with the passage of a directive in the European Union (EU) mandating increased nonfinancial disclosure. These disclosures relate to firms' environmental, social, and governance (ESG) performance, and would be applicable to firms listed...

Persistent link: https://www.econbiz.de/10011541016