Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.advisor | 정현철 | - |
dc.contributor.author | 왕사우 | - |
dc.date.accessioned | 2023-05-11T12:11:49Z | - |
dc.date.available | 2023-05-11T12:11:49Z | - |
dc.date.issued | 2023. 2 | - |
dc.identifier.uri | http://hanyang.dcollection.net/common/orgView/200000650819 | en_US |
dc.identifier.uri | https://repository.hanyang.ac.kr/handle/20.500.11754/180394 | - |
dc.description.abstract | In this study, I use the admission of Chinese A-shares in the MSCI as an exogenous shock event to test the impact of stock market liberalization that allows foreign investors to enter on the information content of stock prices as well as on stock market efficiency. My study shows that the entry of foreign investors improves the stock prices informativeness in two ways. One is that foreign investors incorporate more information into stock prices through their trading activities, and foreign investors complement the information of local investors, thus improving the information content of stock prices. The second is that foreign investors can also indirectly improve the information efficiency of stock prices by optimizing corporate governance mechanisms that enable firms to better disclose information. | - |
dc.publisher | 한양대학교 | - |
dc.title | The Impact of Foreign Investors on the Informational Content of Stock Prices | - |
dc.title.alternative | 외국인투자자가 주가 정보성에 미치는 영향 -A주 MSCI 지수 편입에 따른 실증 검증 | - |
dc.type | Theses | - |
dc.contributor.googleauthor | 왕사우 | - |
dc.contributor.alternativeauthor | WANG SIYU | - |
dc.sector.campus | S | - |
dc.sector.daehak | 대학원 | - |
dc.sector.department | 경영학과 | - |
dc.description.degree | Master | - |
dc.contributor.affiliation | 재무금융 | - |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.