Heterogeneous investors in stock market.
In the second part of the thesis, we investigate whether ownership structure has influence to long-term stock return. We use a risk adjustment method to make it possible to compare stock return in different terms, therefore, we can use GMM method to estimate the influence of ownership structure in a...
| Other Authors: | |
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| Format: | Others |
| Language: | English Chinese |
| Published: |
2002
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| Online Access: | http://library.cuhk.edu.hk/record=b6073947 http://repository.lib.cuhk.edu.hk/en/item/cuhk-343377 |