Geographic distance and the impact of investor sentiment on stock prices
Based on China’s stock market, this study investigates how firms’ geographic distance from a financial center affects the sensitivity of stock prices to investor sentiment. I find that firms located closer to a financial center are more affected by investor sentiment than firms located far from a fi...
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Format: | Others |
Language: | en |
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Digital Commons @ Lingnan University
2017
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Online Access: | https://commons.ln.edu.hk/fin_etd/16 https://commons.ln.edu.hk/cgi/viewcontent.cgi?article=1016&context=fin_etd |