Results 11 to 20 of about 801 (288)
Industry Structure and Stock Price Synchronicity
This paper provides a non-information-based explanation to the stock price synchronicity for firms sorted by country, size-decile and industry sector. Using a panel of listed firms in 40 countries that span over 23 years, we find that the governance and the market size effects are highly collinear in predicting stock
Hao Cheng, Kian Guan Lim, Long Wang
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Mandatory CSR disclosure regulation and stock price synchronicity: evidence from a quasi-natural experiment [PDF]
Using the mandatory CSR disclosure policy enacted in China as a quasi-natural experiment, this study provides causal evidence that mandatory CSR disclosure regulation increases stock price synchronicity.
Chuang Wu
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IFRS adoption, stock price synchronicity and firm-specific information in Indonesia stock market [PDF]
This is the first study to explore the impact of Indonesia’s adoption of International Financial Reporting Standards (IFRS) on information flow and stock price informativeness throughout the pre-IFRS (2007–2011), transition (2012–2014), and post-IFRS ...
Dwi Astuti Rosmianingrum +3 more
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Effect of the mixed ownership reform on the stock market: Evidence from China. [PDF]
This study examines the effect of the mixed ownership reform from the perspective of a capital market. Based on a comprehensive dataset of Chinese state-owned enterprises (SOEs) during the period of 2006-2020, this study determines that the mixed ...
Xi Gu +3 more
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Stock price synchronicity and public firm-specificinformation
Abstract How stock price synchronicity mirrors firm-specific information has been a subject of much debate. We posit that price synchronicity can be low in either good or bad firm-specific information environments because stock prices incorporate both public and private information.
Xuejing Xing, Randy I. Anderson
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Too Sensitive to Fail: The Impact of Sentiment Connectedness on Stock Price Crash Risk [PDF]
Using a sample of S&P 500 stocks, this paper examines the investor sentiment spillover network between firms and assesses how the sentiment connectedness in the network impacts stock price crash risk.
Jie Cao, Guoqing He, Yaping Jiao
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Share repurchase and stock price synchronicity
This paper explores the impact of open market share repurchases (OMR) on stock price synchronicity. We find that share repurchases significantly enhances the information content of stock prices, reflected in reduced price synchronicity.
Chenghao Huang, Zhi Jin
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Confucian Culture and Stock Price Synchronicity
Under the background of giving full play to the decisive role of the market in resource allocation, it is of great significance to explore whether traditional culture can reduce stock price synchronicity, which will optimize the information environment of China’s capital market and improve the efficiency of resource allocation. Based on the sample of A-
Yiming Yuan
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Institutional investor distraction and stock price synchronicity [PDF]
AbstractThis article examines the relation between institutional investor distraction and stock price synchronicity using extreme industry returns as an exogenous shock to investor attention. We find that institutional investor distraction is negatively associated with the quantity of firm‐specific information incorporated into stock prices. Underlying
Taiyun Zhou, Gang Yao
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Corporate Governance Structure and Stock Price Synchronicity
The corporate governance structure within the company is formed to carry out proper supervision, but a company can have agency problems that affect investment decision making. Transparency of a company is important to prevent agency problems. In addition, transparency in the form of company-specific information can be reflected in stock prices.
Auberta Danice Susanto +1 more
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