Information Asymmetry and Asset Prices: Evidence from the China Foreign Share Discount
نویسندگان
چکیده
منابع مشابه
Foreign Fund Flows and Asset Prices: Evidence from the Indian Stock Market*
We study the effect of foreign fund flows on asset prices by investigating the link between foreign institutional investor (FII) flows and stock returns in India. Stocks experiencing high innovations in order flow are associated with a permanent price increase, whereas stocks experiencing low innovations are associated with a partly-transient price decline. The differential abnormal return betw...
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ژورنال
عنوان ژورنال: The Journal of Finance
سال: 2008
ISSN: 0022-1082
DOI: 10.1111/j.1540-6261.2008.01313.x