Causal Relation Between Stock Market Performance and Firm Investment in China: Mediating Role of Information Asymmetry
The main objectives of this study are to examine the impact of stock price performance on firm’s investment and to investigate the counter impact of changes in investment expenditures on stock price performance. The random effects model was applied on the panel data of Chinese manufacturing firms li...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2019-10-01
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| Series: | SAGE Open |
| Online Access: | https://doi.org/10.1177/2158244019885146 |