Chen, Guojin; Xu, Aihuan; Zhao, Xiangqin - In: China Finance Review International 3 (2013) February, pp. 90-110
Purpose – The aim of this paper is to empirically analyze the source of commonality in liquidity change in China's stock market. Design/methodology/approach – This paper used two-step test method in Coughenour and Saad and empirically tested the relationship between institutional investors'...