Revisiting the International Stock Price Synchronicity Issue

• Main Authors: LIM, Kian Guan, Foo, Sing Tien, Cheng, Hao
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2014
• Subjects: Price Synchronicity; Market Capitalization; Proprietary Rights Protection; Industry Structures; Firm-specific risk; Market-wide risk; Business
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/4296
• Institution: Singapore Management University

This paper examines the issue of disparity in international stock price synchronicity. Some major studies have shown that stock prices in countries that have poor track records of government protection of private property right tend to move more synchronously. Investors in these countries expend lit...