The Relationship between Firm-Specific Return Variation and Price Informativeness: Some Cross-Sectional Evidence
Abstract:: The progressive removal of short-selling constraints in the Chinese stock market provides us with a natural experiment to investigate the relationship between firm-specific return variation (FSRV) and price informativeness. Based on the empirical finding that idiosyncratic volatility is a...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
KeAi Communications Co., Ltd.
2017-03-01
|
| Series: | Journal of Management Science and Engineering |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2096232019300186 |