Volume autocorrelation, information, and investor trading
Article Abstract:
Whether the individual investors or institutional investors, who drives the daily correlated trading volume of stocks in the exchanges is examined in the New York Stock Exchange and American Stock Exchange. When the information flow is high the institutional trade generate more effect on the correlated trade volume.
Publication Name: Journal of Banking & Finance
Subject: Business
ISSN: 0378-4266
Year: 2004
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What Determines the Domestic Bias and Foreign Bias? Evidence from Mutual Fund Equity Allocations Worldwide
Article Abstract:
Research suggests that domestic bias, or the influence of domestic investors on local markets, is driven by familiarity variables and stock market development. Foreign bias, or the influence of foreign investors on overseas markets, is driven by capital controls, tax variable withholding, and economic development.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2005
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Stock exchange governance initiatives: Evidence from the Italian STARs
Article Abstract:
With reference to the Italian stock exchange Borsa Italiana firms, the role of stock exchanges in enhancing corporate governance characteristics is analyzed.
Publication Name: Journal of Banking & Finance
Subject: Business
ISSN: 0378-4266
Year: 2007
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