The capital market opening policies of Shanghai-Hong Kong Stock Connect and the
Shenzhen-Hong Kong Stock Connect offer international investors an approach to investing …

This paper reviews the literature that discusses how liberalization affects emerging stock
markets on the cost of equity, stock volatility, stock liquidity, and informational efficiency. The …

Environmental, Social, and Governance (ESG) is changing from a concept to corporate soft
power. Can this improve corporate performance in capital markets? There is little literature …

The study investigates the implications of companies' adoption of blockchain technology on
accounting information quality. Based on a sample of 33,242 firm‐year observations from A …

We study the impact of capital market openness on high‐frequency market quality in China.
The Shanghai–Hong Kong Stock Connect program (SHHKConnect) opens China's stock …

We study market-wide liquidity and trading activity in China. Trading activity increases in up
markets more than in down markets, which is consistent with the disposition effect and the …

This study examines the impact of stock market liquidity on a stock price crash, using firm
data from Borsa Istanbul for the period 2009–2019. The results show that higher stock …

This paper documents that state ownership is associated with higher stock liquidity, a finding
consistent with lower investor risk perception of firms that benefit from state ownership, like …

This paper examines whether foreign investors (FIs) affect the information production of
analysts. Based on China's stock market, we find that FIs significantly reduce analysts' …

This study investigates the roles foreign investors play in a representative emerging market,
focusing on the relationship between foreign ownership and stock market liquidity as well as …