This literature review provides a broad overview of recent academic studies analyzing the effect of ETFs on liquidity, price discovery, volatility, and comovement of the underlying securities.doi:10.1007/s11408-020-00349-1Luca J. LiebiSpringer & Swiss Society for Financial Market ResearchFinancial ...
TJ Chemmanur,G Hu,J Huang - 《Review of Financial Studies》 被引量: 179发表: 2010年 Equilibrium in the Initial Public Offerings Market In this review, I criticize the ability of popular asymmetric information-based models to explain the magnitude of the underpricing of initial public offer......
There are other areas such as energy trade and securities market, which have evolved due to blockchain. These fields are new and building regulations and architecture to enhance their functionality. There are studies on blockchain finance and this paper aims to summarize a few of the path...
Purpose – The purpose of this paper is to conduct a cross-disciplinary review of the literature on financial exclusion in order to provide a place where one could have a bird's eye view of the academic activities that have been happening in the area. Design/methodology/approach – As a li...
Control, internal organization and divestment: experimentation and the boundaries of financial services' firms Ennew, C. and Wright, M. (1990) Building societies in transition: strategy in a new market environment, Managerial Finance, 14–25. Ennew, C., Wright, C. and Watkins, T. (1990) The...
Initially, directors will gamble on violating due care standards, and if the degree of vagueness in legal standards becomes sufficiently large, directors will have no demand for financial reporting system quality. In the final section, we develop hypotheses concerning the effects of decreasing ...
financial industry, innovation/technology and law/regulation. The paper suggests that a thorough impact of FinTech on various stakeholders can be understood using three dimensions, namely, consumers, market players and regulatory front. It is noted that FinTech is in its nascent phase and is ...
China's agricultural product exports have been negatively influenced by the international financial crisis.A literature review on agricultural exports after the financial crisis was made in this paper from the following aspects: the influences and countermeasures of international financial crisis on China'...
The development of corporate governance literature in Malaysia: a systematic literature review and research agenda Purpose: This study aims to provide a comprehensive review of the existing literature on corporate governance (CG) aspects of the Malaysian market. It offe... A Elamer,SFA Khatib,DF Ab...
address all these elements, therefore we will focus on five topics specifically: (i) the relationship between energy consumption and economic growth, (ii) China's changing energy intensity, (iii) energy demand and energy-capital and -labor substitution, (iv) the emergence of an energy market ...