China Finance Review International: Volume 1 Issue 1

Asymmetric information, firm investment and stock prices

Dongmin Kong, Tusheng Xiao, Shasha Liu

The purpose of this paper is to explore the relations of investment and stock prices (Tobin‐Q), the impact of asymmetric information on the investment sensitivity to stock price…

Research on the margin of futures markets and the policy spillover effect

Difang Wan, Yang Yang, Dong Fang, Guang Yang

The purpose of this paper is to investigate whether the change of margin in Chinese futures markets has policy spillover effects.

Illiquidity and asset pricing in the Chinese stock market

Maobin Wang, Dongmin Kong

Since illiquidity risk is one of the most important pricing factors of assets, the aim of this paper is to evaluate the suitability of proxies of illiquidity prevalent in the…

Releasing of restricted shares, firm quality, and market trading activity

Xiao‐dong Xu, Xia Wang, Yi Jin

The purpose of this paper is to examine the market reactions and its determinants of the releasing of restricted non‐tradable shares and to provide some useful information for the…

Does the balance of power among block shareholders have impact on top management turnover?: An empirical study of listed firms in China

Jun Xie, Xiaotao Zeng

The purpose of this paper is to examine whether the shareholding of the largest shareholder and other large shareholders could exert a good stimulating effect within a firm's…

Editorial

Editorial Team

A new company descriptor takes us into a new era

Rebecca Marsh