We suggest that Doidge et al.'s (2004) finding of non-U.S. firms worth more when listed in the U.S. is a special case of a general quot;bonding premiumquot; phenomenon. When firm bonds to a quot;qualityquot; market by listing there, it tends to enjoy the quot;bonding premiumquot;. As to where...

China has two major stock exchanges, the Shanghai and the Shenzen exchanges. Each of these exchanges trades two types of shares, type “A” and type “B” shares. Type “A” shares are available to domestic investors only and type “B” shares are available to foreign investors. This...

In this paper we examine the cross-sectional determinants of idiosyncratic volatility of biotech IPO firms. We extend current research in two directions. First, we test whether CEO stock options impact on idiosyncratic volatility. Second, we test new hypotheses that relate some easily...

We consider whether popular technical trading rules are profitable on a subset of U.S. stocks with certain size, liquidity, and industry characteristics. We find these rules are rarely profitable during the 1990 to 2004 period, however there is some evidence they are more profitable for smaller,...

Consumer perception of product value is central to all stages of the process of bringing products to markets, from design and manufacture to distribution and retail. As a result, product strategy needs to respect customer needs in order to achieve or retain competitive advantage in providing...

The Creative sector in China has, in keeping with the economy, experienced a sustained period of rapid growth. However, the sector is still relatively immature and practices and understanding of the management of brands and client accounts are continuing to develop. Current Brand management...

In recent years, there are a lot of research on humanities and social science, but these researches are more general and substantial, less innovative. This mainly due to the academic evaluation system is not perfect. Therefore, to build a scientific and reasonable evaluation system of humanities...

CSSCI (Chinese Social Sciences Citation Index) has a certain influence and reorganization in Chinese humanities and social sciences, this paper tries to analyze the reasons for the spreading influence and characteristics of CSSCI to explore application prospect of citation analysis. It is...