stock markets

Description In September-October 2008 the Russian stock markets came under severe strain amidst the global financial crisis. During this time the Russian government intervened several times to halt the trade to impede the continuous slide. The government justified its actions owing to the...

Description The purpose of this paper is to investigate the changes in initial public offering (IPO) underpricing and short-run performance following a regulatory reform (No. 54 [2002] China Securities Regulatory Commission (CSRC)) of the method of allocating IPO shares in China. Journal of...

Description The purpose of this paper is to investigate empirically contagion channels of the 2007 US subprime financial crisis by employing a multivariate GARCH model for four major, international equity markets, namely the USA, EMU, China and Japan. Journal of Financial Economic Policy...

Description This paper aims to investigate whether stock markets can reduce the output costs of banking crises. The work is motivated by Alan Greenspan’s claim that capital markets serve as a financial “spare tire” in the event of a banking crisis. Journal of Financial Economic Policy Stock...

Description The purpose of this paper is to examine the short-term stock market interactions between US and six major Asian markets – China, India, Hong Kong, Singapore, South Korea and Taiwan. These six economies along with Japan and Australia have the largest stock exchanges in the...

Description Natural disasters may inflict significant damage upon international financial markets. The purpose of this study is to investigate if any contagion effect occurred in the immediate aftermath of the Japanese earthquake, tsunami and subsequent nuclear crisis. Journal of Financial...

Description The purpose of this paper is to review the archival literature on market reactions to qualified audit reports and to seek to identify the different approaches used in those studies. In addition, the paper discusses the strengths and weaknesses of different approaches, summarizes key...

Description In recent years, China has been in the limelight following her spectacular economic growth since the adoption of market-oriented reforms in 1978, with real GDP growth averaging 9.5% per annum for the period 1979-2003. Full Title: THE WEAK-FORM EFFICIENCY OF CHINESE STOCK MARKETS...

Description The prediction of complex stock market data requires nonlinear techniques 0. Artificial neural networks (ANNs) are a significant tool for solving classification and prediction problems and therefore attract a great attention from the field of financial markets. No. 3/2011 19 THE...

Description A stock market or equity market is a public entity (a loose network of economic transactions, not a physical facility or discrete entity) for the trading of company stock (shares) and derivatives at an agreed price; these are securities listed on a stock exchange as well as those...