Magnet effect of price limits: evidence from Bursa Malaysia
Since the late 1980s it has become a common practice worldwide—especially in frontier markets—to impose price limits on stock prices, effectively stunting its intraday growth or decline beyond a certain bracket. Ostensibly, its purport is to prevent investor overreaction, regulatory control of marke...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English English |
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2017
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/59710/ http://irep.iium.edu.my/59710/ http://irep.iium.edu.my/59710/1/Osaka%20Dec%202017%20paper%20-%20magnet%20effect.pdf http://irep.iium.edu.my/59710/2/Osaka%20Dec%202017%20acceptance.pdf |