The Effect of Equity Concentration, Dual Listing and Audit Quality on Stock Price Synchronicity
Xingcun Hu, Yongfan Ma
Available Online September 2019.
- https://doi.org/10.2991/jahp-19.2019.194How to use a DOI?
- equity concentration; dual listing; audit quality; stock price synchronicity
- This paper studies the impact of stock concentration, dual listing and audit quality on the stock price synchronicity of listed companies in China during the period from 2009 to 2018. Using unbalanced panel data, this paper concludes that stock price synchronicity is a concave function of equity concentration, and that foreign ownership and high quality audits will effectively reduce the synchronicity of stock prices and make the market more effective.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Xingcun Hu AU - Yongfan Ma PY - 2019/09 DA - 2019/09 TI - The Effect of Equity Concentration, Dual Listing and Audit Quality on Stock Price Synchronicity BT - The 4th International Conference on Economy, Judicature, Administration and Humanitarian Projects (JAHP 2019) PB - Atlantis Press SN - 2352-5428 UR - https://doi.org/10.2991/jahp-19.2019.194 DO - https://doi.org/10.2991/jahp-19.2019.194 ID - Hu2019/09 ER -