Purpose - This paper aims to examine the impact of a reduction in tick size on the information content of the order book by using data from the Taiwan Stock Exchange (TWSE). Design/methodology/approach - To estimate the information content of the order book, the modified information share...

Purpose – This paper aims to examine the impact of a reduction in tick size on the information content of the order book by using data from the Taiwan Stock Exchange (TWSE). Design/methodology/approach – To estimate the information content of the order book, the modified information share...

This paper examines the effect of hedging demand by various types of institutional investor on subsequent returns and volatility. Using data from the Taiwan Futures Exchange, empirical results indicate that the hedging demand of foreign investors has a significant negative impact on subsequent...

Purpose: This study considers the five factors of a car rotation system: angle (F1), arm length (F2), toe in and out (F3), width (F4) and length (F5). The purpose of this paper is to fine tune the design so it produces the smoothest response to various rotation angles....

Purpose: The purpose of this paper is to establish the regression model by a simulation method that was obtained by using the system response at unit cost as the response value. The unit availability was maximized, while the unit cost was minimized. Design/methodology/approach: In this study,...