Does market integration promote to firm information efficiency? Empirical evidence for Malaysia listed firms
Global information transmits fast into share price if a company is highly integrated with the world market. On the contrary, a segmented firm that has higher integration with local market is expected to have slow response to global information. This paper tested whether the above is true for listed...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Penerbit Universiti Kebangsaan Malaysia
2017
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Online Access: | http://journalarticle.ukm.my/11611/ http://journalarticle.ukm.my/11611/ http://journalarticle.ukm.my/11611/1/jeko_51%282%29-3.pdf |