Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 梁伟坚教授 (酒店及旅游管理学院) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1086/422630 |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/15WOS source URL
其它资讯
摘要It is well documented that the mean Monday return is significantly negative and is lower than the mean return on other weekdays. Using institutional stock holdings information during the 1981-1998 period, we document that the Monday seasonal is stronger in stocks with low institutional holdings and that the Monday return is not significantly different from the mean Tuesday to Friday returns for stocks with high institutional holdings during the 1990-1998 period. Our study provides direct evidence to support the belief that the Monday seasonal may be related to the trading activities of less sophisticated individual investors.
着者Chan SH, Leung WK, Wang K
期刊名称Journal of Business
详细描述Vol. 77 No.4
出版年份2004
月份10
日期1
卷号77
期次4
出版社UNIV CHICAGO PRESS
页次967 - 986
国际标準期刊号0021-9398
语言英式英语
Web of Science 学科类别Business; Business & Economics
