Results 301 to 310 of about 174,126 (369)

Stock Price Synchronicity and Liquidity

SSRN Electronic Journal, 2008
Abstract We argue and provide evidence that stock price synchronicity affects stock liquidity. Under the relative synchronicity hypothesis, higher return co-movement (i.e., higher systematic volatility relative to total volatility) improves liquidity.
Chan, K., Hameed, A., Kang, W.
openaire   +4 more sources

Large controlling shareholders and stock price synchronicity

Journal of Banking & Finance, 2014
This paper examines the effect of controlling shareholders on stock price synchronicity by focusing on two salient corporate governance features in a concentrated ownership setting, namely, ultimate cash flow rights and the separation of voting and cash flow rights (i.e., excess control).
Boubaker, Sabri, Mansali, Hatem, Rjiba, Hatem   +2 more
openaire   +3 more sources

Stock price synchronicity and analyst coverage in emerging markets [PDF]

Journal of Financial Economics, 2003
Abstract This paper examines the relation between the stock price synchronicity and analyst activity in emerging markets. Contrary to the conventional wisdom that security analysts specialize in the production of firm-specific information, we find that securities which are covered by more analysts incorporate greater (lesser) market-wide (firm ...
Chan, Kalok, Hameed, A.
openaire   +3 more sources

Stock Price Synchronicity and Skewness

SSRN Electronic Journal, 2013
This paper uses stock price synchronicity to explain the cross-sectional variation in return asymmetries during the period in Australia between 2006 and 2009. We show that returns are more positively skewed for firms that have high stock price synchronicity.
Omar Farooq, Mohamed Douch, Mohammed Bouaddi   +2 more
openaire   +2 more sources

Stock price synchronicity, cognitive biases, and momentum

European Financial Management, 2020
AbstractThe momentum anomaly is widely attributed to investor cognitive biases, but the trigger of cognitive biases is largely unexplored. In this study, inspired by psychology studies linking cognitive biases to the noisiness of information, we examine whether momentum returns are associated with high stock price synchronicity, a manifestation of ...
John A. Doukas, John A. Doukas, Chen Chen   +2 more
openaire   +2 more sources

Stock Price Synchronicity and Limited Arbitrage

2011 International Conference on Management and Service Science, 2011
A new view of limited arbitrage is applied in the study of the reasons of stock price synchronicity in China based on the behavioral finance theory. This paper made an explorary study about the relation between limited arbitrage, stock price synchronicity and market efficiency. A conclusion different from the study about cash stock dividends in foreign
Hao Xiao, Xinping Xia, Bingbing Wang
openaire   +2 more sources

Stock Price Synchronicities in Emerging Markets

SSRN Electronic Journal, 2003
This study examines the intra-market stock price synchronicities of emerging markets and attempts to explain the phenomenon in terms of factors that characterize the market structure, the market's speculative trading behavior, and the degree of integration with the world market.
Yuehtzu Liao, Chin-Wen Hsin
openaire   +2 more sources

Individualism, Synchronized Stock Price Movements, and Stock Market Volatility [PDF]

SSRN Electronic Journal, 2012
PurposeThe purpose of this paper is to examine the impact of national culture on herding behavior across international financial markets.Design/methodology/approachThe relation between national culture and investor behavior, and how it impacts overall market volatility is studied by examining synchronized stock price movements and stock market ...
openaire   +2 more sources

Shari’ah governance and transparency: evidence from stock price synchronicity of Islamic banks

International Journal of Islamic and Middle Eastern Finance and Management
Purpose The purpose of this study is to investigate internal governance mechanisms factors, focusing on Shari’ah-based governance mechanisms that affect the price synchronicity of Islamic banks (IBs).
M. Quttainah, yosra ridha bensaid
semanticscholar   +1 more source

The Social Pillar of ESG: Exploring the Link Between Social Sustainability and Stock Price Synchronicity

Indian Journal of Corporate Governance
This study examined the association between the social sustainability aspects of environmental, social and governance (ESG) initiatives and stock price synchronicity in 146 publicly listed companies in India from 2011 to 2021.
Srikanth Potharla, Surya Kumari Turubilli, Mylavaram Chandra Shekar   +2 more
semanticscholar   +1 more source