Camilleri, Silvio John; Vassallo, Semiramis; Bai, Ye - In: Journal of Capital Markets Studies (JCMS) 4 (2020) 2, pp. 146-166
Purpose This paper examines whether there are differences in the nature of the price discovery process across established versus emerging stock markets using a twenty-country sample. Design/methodology/approach The authors analyse security returns for traces of predictability or non-randomness...
