This article examines the contribution of foreign investors to price discovery by applying a vector error correction model (VECM) to 30 frequently-traded stocks on the Indonesia Stock Exchange. We use the Lee and Ready (1991) rule to determine the initiator of a trade and compute the volume...

Purpose: This paper aims to identify and analyse the factors affecting the selection of effective cost control techniques in the UK construction industry and assess their importance. The study examines these key areas; the factors that have significant impacts on cost overruns, the most...

Traditionally, ordinary least square (OLS) regression methods are used to test asset pricing models. This study focuses on the use of quantile regression as an alternative approach to the analysis of risk and return distributions in quantitative finance. It empirically examines the behaviour of...