haku: @author Lee, Y. / yhteensä: 14
viite: 8 / 14
| Tekijä: | Lee, Y. |
| Otsikko: | Trading patterns of big versus small players in an emerging market: an empirical analysis |
| Lehti: | Journal of Banking and Finance
1999 : MAY, VOL. 23:5, p. 701-726 |
| Asiasana: | BANKING FINANCE TRADE |
| Kieli: | eng |
| Tiivistelmä: | This study uses a vector autoregressive model to examine interdependencies among institutional investors, big individual investors, and small individual investors, and the effects of their trading on stock returns on the Taiwan Stock Exchange. The results imply that, during the sample period, big individual investors are the most well informed players; their trading affects not only stock returns but also small individual investors. |
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