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Global stock exchanges : stability, interrelationships, and roles /

Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Cassedes, Paolo B.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York : Nova Science Publishers, ©2009.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • GLOBAL STOCK EXCHANGES:STABILITY, INTERRELATIONSHIPS, AND ROLES; CONTENTS; PREFACE; INSTITUTIONAL OWNERSHIP IN S & PINDEX FINANCIAL CORPORATIONS*; Abstract; 1. Introduction; 2. Literature Review and Hypothesis Development; 3. Data, Methodology and Variable Definitions; 3.1. Sample Selection; 3.2. Empirical Methodology; 3.3. Variable Definitions; 3.4. Other Control Variables; 4. Empirical Analysis; 4.1. Summary Statistics; 4.2. Time-Series Analysis of Changes in Institutional Ownership; 4.2.1. Average Changes in Institutional Ownership over Time.
  • 4.2.2. Frequency Distribution Analysis of Yearly Changes in InstitutionalOwnership4.2.3. Yearly Changes in Institutional Ownership across Bull and Bear Markets; 4.3. Univariate Analysis; 4.4. Multiple Regression Results Across Bull and Bear Markets; 4.5. Multiple Regression Results Across Different S & P Indices and FinancialFirm Types; 4.6. Endogenous Model with Lagged Variables; 4.7. Effects of Changes in Firm Characteristics on Institutional Ownership; 4.8. Additional Analysis; 5. Conclusions; Appendix Tables; References.
  • RATIONAL BUBBLES IN ISTANBUL STOCKEXCHANGE: LINEAR AND NONLINEARUNIT ROOT TESTSAbstract; 1. Introduction; 2. Types of Stock Price Bubbles; 2.1. Non Rational Bubbles; 2.1.1. Two-traders Model; 2.1.2. Investor Psychology; 2.2. Rational Bubbles; 2.3. Inefficiencies due to Imperfect and Heterogeneous Information; 3. Present Value Model and Rational Bubbles; 4. Empirical Tests of Rational Bubbles; 4.1. Bubble Premium Tests; 4.2. Excess Volatility Tests; 4.3. Unit Root and Cointegration Tests; 5. Testing Rational Bubbles in Istanbul Stock Exchange; 5.1. Linear Unit Root Test Methodology.
  • 5.2. Bilinear Unit Root Test Methodology6. Empirical Findings; 6.1. Empirical Findings of Linear Unit Root Model; 6.2. Empirical Findings of Bilinear Unit Root Model; 7. Conclusion; References; LEARNING TO LIVE WITH THE FLOAT:TURKEY'S EXPERIENCE 2001-2003; Abstract; 1 Introduction; 2 Exchange Rate Regimes and Policy in Emerging MarketEconomies; 3 Turkish Economy: An Overview; 4 Policy Under Floating Exchange Rate Regime in Turkey; 5 Accumulated Risks; 6 Conclusion; References; GLOBALIZATION AND STOCK MARKET STABILITY; Introduction; Major Aspects of Stock Market Globalization.
  • Liberalization of Stock TradingIntegration of the World Stock Markets; Adopting International Principles; Adopting Accounting Standards and Disclosure Requirements; Regional Integration of Stock Exchanges; Internationalization of Stock Markets; Increasing Foreign Share of Stock Trading; Increasing the Role of International Mutual Funds; Increasing Trading Value of Cross-Listed Firms; International Public Offerings; Conclusion; References; ANALYST ORIGIN AND THEIR FORECASTINGQUALITY ON THE LATIN AMERICANSTOCK MARKETS; Abstract; 1. Introduction; 2. Data and Overview Statistics.