Does market integration promote to firm information efficiency? Empirical evidence for Malaysia listed firms

• 主要な著者: Tai, Kui Guan, Hooy, Chee Wooi
• フォーマット: 論文
• 言語: English
• 出版事項: Penerbit Universiti Kebangsaan Malaysia 2017
• オンライン･アクセス: http://journalarticle.ukm.my/11611/1/jeko_51%282%29-3.pdf; http://journalarticle.ukm.my/11611/; http://www.ukm.my/fep/jem/content/2017-2.html

Global information transmits fast into share price if a company is highly integrated with the world market. On the contrary, a segmented firm that has higher integration with local market is expected to have slow response to global information. This paper tested whether the above is true for listed...