Global asset pricing

KK Lewis - Annu. Rev. Financ. Econ., 2011 - annualreviews.org
Financial markets have become increasingly global in recent decades, yet the pricing of
internationally traded assets continues to depend strongly upon local risk factors, leading to …

Corporate governance and the home bias

M Dahlquist, L Pinkowitz, RM Stulz… - Journal of financial and …, 2003 - cambridge.org
This paper shows that there is a close relation between corporate governance and the
portfolios held by investors. Most firms in countries with poor investor protection are …

Big fish in small ponds: The trading behavior and price impact of foreign investors in Asian emerging equity markets

A Richards - Journal of Financial and quantitative Analysis, 2005 - cambridge.org
This paper analyzes a new dataset for the aggregate daily trading of all foreign investors in
six Asian emerging equity markets and provides two new findings. First, foreigners' flows into …

Feedback trading: a review of theory and empirical evidence

F Economou, K Gavriilidis, B Gebka… - Review of Behavioral …, 2023 - emerald.com
Purpose The purpose of this paper is to comprehensively review a large and heterogeneous
body of academic literature on investors' feedback trading, one of the most popular trading …

[HTML][HTML] The impacts of foreign portfolio flows and monetary policy responses on stock markets by considering COVID-19 pandemic: Evidence from Turkey

MT Kartal, HM Ertuğrul, T Ulussever - Borsa Istanbul Review, 2022 - Elsevier
This study researches the impacts of foreign portfolio flows (proxied by foreign investors'
retention share) and monetary policy responses (proxied by the repurchase interest rate) on …

The determinants of main stock exchange index changes in emerging countries: evidence from Turkey in COVID-19 pandemic age

MT Kartal, Ö Depren, SK Depren - Available at SSRN 3659154, 2020 - papers.ssrn.com
With the emergence and spreading of COVID-19 pandemic all over the world, the
uncertainty has been increasing for countries. Depending on this condition, especially …

Foreign investors' abnormal trading behavior in the time of COVID-19

A Khanthavit - The Journal of Asian Finance, Economics and …, 2020 - koreascience.kr
This study investigates the behavior of foreign investors in the Stock Exchange of Thailand
(SET) in the time of coronavirus disease 2019 (COVID-19) as to whether trading is …

The dynamics of international equity market expectations

MJ Brennan, HH Cao, N Strong, X Xu - Journal of Financial Economics, 2005 - Elsevier
This paper develops a noisy rational expectations model of the way in which international
investors adjust their expectations of asset payoffs in a given country in response not only to …

Stock exchange merger and liquidity: The case of Euronext

U Nielsson - Journal of Financial Markets, 2009 - Elsevier
The paper empirically investigates the effects of the Euronext stock exchange merger on
listed firms, ie the merger of stock exchanges in Amsterdam, Brussels, Lisbon and Paris …

COVID-19 pandemic effect on trading and returns: Evidence from the Chinese stock market

T Bing, H Ma - Economic Analysis and Policy, 2021 - Elsevier
Using a daily foreign and institution flows data, this paper studies how institutional and
foreign investors respond to the COVID-19 pandemic events in China. The results indicate …