A Study on Impact of Legal System, Regulatory System, and Foreign Investment on Stock Price Synchronicity in China

doi:10.21102/jbpr.2016.12.112.02

科研成果详情

发表状态	已发表Published
题名	A Study on Impact of Legal System, Regulatory System, and Foreign Investment on Stock Price Synchronicity in China
作者	He, Tina T.1 ; Li, Wilson X. B.1; Tang, Gordon Y. N.2
发表日期	2016
发表期刊	Journal of Business and Policy Research
ISSN/eISSN	1449-387X
卷号	11 期号:2 页码:23-44
摘要	Using 7,566 firm-year observations of Chinese listed firms over the period 2003-2008, this study examines the impact of legal system, regulatory system and foreign investment on stock price synchronicity. We find that legal system and regulatory system are negatively associated with stock price synchronicity with the effect of legal system stronger than regulatory system. However, a positive relation between the participation of foreign institutional investors and the stock price synchronicity is found which is inconsistent with the general views in this regard.
DOI	10.21102/jbpr.2016.12.112.02
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语种	英语English
引用统计	被引频次[WOS]：0 [WOS记录] [WOS相关记录]
文献类型	期刊论文
条目标识符	https://repository.uic.edu.cn/handle/39GCC9TT/8459
专题	工商管理学院
作者单位	1.Division of Business and Management, Beijing Normal University-Hong Kong Baptist University United International College, Zhuhai, China 2.Department of Finance and Decision Sciences, Hong Kong Baptist University, Hong Kong, China
第一作者单位	北师香港浸会大学
推荐引用方式 GB/T 7714	He, Tina T.,Li, Wilson X. B.,Tang, Gordon Y. N. A Study on Impact of Legal System, Regulatory System, and Foreign Investment on Stock Price Synchronicity in China[J]. Journal of Business and Policy Research, 2016, 11(2): 23-44.
APA	He, Tina T., Li, Wilson X. B., & Tang, Gordon Y. N. (2016). A Study on Impact of Legal System, Regulatory System, and Foreign Investment on Stock Price Synchronicity in China. Journal of Business and Policy Research, 11(2), 23-44.
MLA	He, Tina T.,et al."A Study on Impact of Legal System, Regulatory System, and Foreign Investment on Stock Price Synchronicity in China". Journal of Business and Policy Research 11.2(2016): 23-44.