Please use this identifier to cite or link to this item:
|標題:||Price comovement and institutional performance following large market movements||作者:||Lin, A.Y.
|關鍵字:||institutional investor investment performance;large market movement;price comovement;equity markets;foreign investors;trading behavior;stock markets;herd;behavior;investment;impact||Project:||Emerging Markets Finance and Trade||期刊/報告no：:||Emerging Markets Finance and Trade, Volume 43, Issue 5, Page(s) 37-61.||摘要:||
This paper investigates the price comovement of stocks actively traded by institutions and the investment performance of foreign and domestic institutional investors in Taiwan's stock markets during periods of large market movements. Stocks of small size, high share turnover and high return volatility tend to move together with the market when markets rise sharply. In short-term holdings, foreign investors and domestic mutual funds can outperform the market by trading small-size, high-turnover and high-volatility stocks.
|Appears in Collections:||財務金融學系所|
Show full item record
TAIR Related Article
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.