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Firm characteristics and the impact of emerging market liberalizations
16 references·16 citing·41 second hopsampled
Firm characteristics and the impact of emerging market liberalizations (2004)Firm characteristics and the impact of em…Emerging markets finance (2003)Emerging markets financeStock Market Liberalization, Economic Reform, and Emerging Market Equity Prices (2000)Stock Market Liberalization, …Foreign Speculators and Emerging Equity Markets (2000)Foreign Speculators and Emerg…The Effects of Market Segmentation and Investor Recognition on Asset Prices: Evidence from Foreign Stocks Listing in the United States (1999)The Effects of Market Segment…Local Return Factors and Turnover in Emerging Stock Markets (1999)Local Return Factors and Turn…Value versus Growth: The International Evidence (1998)Value versus Growth: The Inte…Emerging equity market volatility (1997)Emerging equity market volati…Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…The World Price of Foreign Exchange Risk (1995)The World Price of Foreign Ex…Does industrial structure explain the benefits of international diversification? (1994)Does industrial structure exp…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…Industrial Structure and the Comparative Behavior of International Stock Market Indices (1992)Industrial Structure and the …A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)A Simple Model of Capital Mar…International Asset Pricing under Mild Segmentation: Theory and Test (1985)International Asset Pricing u…International Portfolio Choice and Corporation Finance: A Synthesis (1983)International Portfolio Choic…Measuring security price performance (1980)Measuring security price perf…On Foreign Shareholdings and Agency Costs: New Evidence from China (2018)On Foreign Shareholdings and …Stock market integration, cost of equity capital, and corporate investment: Evidence from Brazil (2017)Stock market integration, cos…Foreign shocks and international cost of equity destabilization. Evidence from the MENA region (2014)Foreign shocks and internatio…Financing in Developing Countries (2013)Financing in Developing Count…Does market timing persistently affect capital structure? Evidence from stock market liberalization (2013)Does market timing persistent…Sovereign wealth fund investment and the return-to-risk performance of target firms (2011)Sovereign wealth fund investm…Which Trades Move Asset Prices? An Analysis of Futures Trading Data (2010)Which Trades Move Asset Price…Foreign investment in China and Qualified Foreign Institutional Investor (QFII) (2010)Foreign investment in China a…Financial liberalization and firms’ capital structure adjustments evidence from Southeast Asia and South America (2010)Financial liberalization and …Foreign Portfolio Investment and Economic Growth in Malaysia (2009)Foreign Portfolio Investment …Crises, contagion and cross-listings (2009)Crises, contagion and cross-l…Migration, spillovers, and trade diversion: The impact of internationalization on domestic stock market activity (2007)Migration, spillovers, and tr…Size matters: The impact of financial liberalization on individual firms (2006)Size matters: The impact of f…Capital Account Liberalization: Theory, Evidence, and Speculation (2006)Capital Account Liberalizatio…The Effect of Sovereign Credit Rating Changes on Emerging Stock Markets (2005)The Effect of Sovereign Credi…Internationalization And The Evolution Of Corporate Valuation (2005)Internationalization And The …CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)On Persistence in Mutual Fund Performance (1997)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)The Framing of Decisions and the Psychology of Choice (1981)The Limits of Arbitrage (1995)The Cross‐Section of Volatility and Expected Returns (2006)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Time‐Varying World Market Integration (1995)Home Bias at Home: Local Equity Preference in Domestic Portfolios (1999)The cost of capital, corporation finance and the theory of investment (2008)An Empirical Evaluation of Accounting Income Numbers (1968)The Adjustment of Stock Prices to New Information (1969)Introductory Econometrics for Finance (2008)Using daily stock returns (1985)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Capital markets research in accounting (2001)Economic Reform and the Process of Global Integration (1995)The New Issues Puzzle (1995)Event Studies in Economics and Finance (1997)The World Price of Insider Trading (2002)Effects on Financial Globalization on Developing Countries: Some Empirical Evidence (2004)Liquidity and Expected Returns: Lessons from Emerging Markets (2007)Asset pricing and the bid-ask spread (1986)Advertising, Breadth of Ownership, and Liquidity (2003)Liquidity of emerging markets (2005)Market Frictions, Price Delay, and the Cross-Section of Expected Returns (2005)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Generalized autoregressive conditional heteroskedasticity (1986)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Asymmetric Volatility and Risk in Equity Markets (2000)Asymmetric correlations of equity portfolios (2002)Individualism and Momentum around the World (2010)On the Impossibility of Informationally Efficient Markets (1980)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)Does financial liberalization spur growth? (2005)Investor Psychology and Asset Pricing (2001)Profitability of Momentum Strategies: An Evaluation of Alternative Explanations (2001)Value and Momentum Everywhere (2013)
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References

  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1987A Simple Model of Capital Market Equilibrium with Incomplete Information5,808 cited
  • 1980Measuring security price performance3,330 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1998Value versus Growth: The International Evidence2,233 cited
  • 2000Foreign Speculators and Emerging Equity Markets1,868 cited
  • 1997Emerging equity market volatility1,703 cited
  • 1983International Portfolio Choice and Corporation Finance: A Synthesis1,447 cited
  • 2000Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices1,385 cited
  • 1999The Effects of Market Segmentation and Investor Recognition on Asset Prices: Evidence from Foreign Stocks Listing in the United States1,051 cited
  • 1985International Asset Pricing under Mild Segmentation: Theory and Test1,021 cited
  • 1999Local Return Factors and Turnover in Emerging Stock Markets839 cited
  • 1995The World Price of Foreign Exchange Risk765 cited
  • 2003Emerging markets finance755 cited
  • 1994Does industrial structure explain the benefits of international diversification?

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746 cited
  • 1992Industrial Structure and the Comparative Behavior of International Stock Market Indices662 cited
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    • 2011Sovereign wealth fund investment and the return-to-risk performance of target firms102 cited
    • 2006Capital Account Liberalization: Theory, Evidence, and Speculation81 cited
    • 2007Migration, spillovers, and trade diversion: The impact of internationalization on domestic stock market activity64 cited
    • 2005Internationalization And The Evolution Of Corporate Valuation49 cited
    • 2006Size matters: The impact of financial liberalization on individual firms43 cited
    • 2014Foreign shocks and international cost of equity destabilization. Evidence from the MENA region39 cited
    • 2009Crises, contagion and cross-listings39 cited
    • 2005The Effect of Sovereign Credit Rating Changes on Emerging Stock Markets34 cited
    • 2010Financial liberalization and firms’ capital structure adjustments evidence from Southeast Asia and South America32 cited
    • 2009Foreign Portfolio Investment and Economic Growth in Malaysia30 cited
    • 2010Foreign investment in China and Qualified Foreign Institutional Investor (QFII)29 cited
    • 2017Stock market integration, cost of equity capital, and corporate investment: Evidence from Brazil28 cited
    • 2010Which Trades Move Asset Prices? An Analysis of Futures Trading Data26 cited
    • 2013Financing in Developing Countries23 cited
    • 2018On Foreign Shareholdings and Agency Costs: New Evidence from China23 cited
    • 2013Does market timing persistently affect capital structure? Evidence from stock market liberalization18 cited