Stock prices synchronicity in both emerging and developed countries.
Goh, Chun Kiat.
Koh, Wei Teck.
Ng, Chun Kiat.
Date of Issue2005
College of Business (Nanyang Business School)
Stock price movements are more synchronous in poor economies than in rich economies. We propose that a well developed stock market promote informed arbitrage, which capitalized firm-specific information.
Final Year Project (FYP)
Nanyang Technological University