Social Trust and Differential Reactions of Local and Foreign Investors to Public News
收藏NBER2015-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21075
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资源简介：
This paper uses the segmented dual-class shares issued by several dozen Chinese firms---A shares to local Chinese investors and H shares to foreign investors---to compare reactions of local and foreign investors to the same public news. We find that local investors react more strongly to earnings
提供机构：
美国国家经济研究局
创建时间：
2015-04-01
