教師資料查詢 | 類別: 期刊論文 | 教師: 倪衍森 NI, YEN-SEN (瀏覽個人網頁)

標題:The Microstructure of the Price-Volume Relationship for the Constituent Stocks of the Taiwan 50 Index
學年100
學期2
出版(發表)日期2012/07/01
作品名稱The Microstructure of the Price-Volume Relationship for the Constituent Stocks of the Taiwan 50 Index
作品名稱(其他語言)
著者Huang, Pao-yu; Ni, Yen-sen; Yu, Chi-min
單位淡江大學管理科學學系
出版者Armonk: M.E. Sharpe, Inc.
著錄名稱、卷期、頁數Emerging Markets Finance & Trade 48 suppl.2, pp.153-168
摘要Due to data concerns, the microstructure of the price-volume relationship is seldom explored in Taiwan. Through efforts to collect the data, we reveal two impressive findings to contribute to the literature. One is that declining share prices are followed by a burst in volume, especially at market close. The other is that total trading volume increased by foreign institutions boosts subsequent returns, whether the trading volume is increased by buying or selling. Both results are barely disclosed in previous studies.
關鍵字institutional investors;microstructure;price-volume relationship
語言英文
ISSN1540-496(print)/1558-0938(online)
期刊性質國外
收錄於SSCI;
產學合作
通訊作者Huang, Pao-Yu
審稿制度
國別美國
公開徵稿
出版型式,紙本
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