Investor sentiment is an important aspect of behavioural finance, which provides explanation of anomalies to the asset’s intrinsic values. Sentiments can easily affect individual investors. Historically, Australia is regarded as rich in resources but poor in capital, and this motivates the...

This paper examines the cost efficiency of producing banking service and profit of banks in 11 Asia-Pacific countries namely Australia, Japan, Hong Kong, China, South Korea, Taiwan, Malaysia, Singapore, Thailand, Indonesia and The Philippines. The selected countries are represented by the 3...

This paper examines the issue of principal-principal (PP) conflicts in large public listed companies in four ASEAN countries. The PP conflicts are regarded as a major problem in emerging markets and have attracted considerable attention. The percentage of cash dividend of total assets is used to...

This paper evaluates whether performance of positive P/E firms are significantly different from negative P/E firms. It also investigates the characteristics of positive P/E firms and negative P/E firms and determine whether the differences in characteristics are statistically significant. Both...

This study discusses the theoretical issues on diversification, corporate performance and the relationship between these two. It studies 91 listed firms in the Main Board of Bursa Malaysia (Trading/Services ranking) for determining the diversification-performance relationship. Generally, the...

Do principal-principal (PP) conflicts impact the performance of Islamic banking? Using panel data of 37 banks that adopt Islamic banking in ten countries, this paper investigates the existence of PP and PA conflicts to the impact of their performances. Little is known in the literature about...

The underpricing of initial public offerings (IPOs) in the Chinese market is higher than in other markets. This paper analyses both initial underpricing and long-run performance for Chinese IPOs in order to resolve arguments in previous Chinese IPOs literature studies. Using a sample of 275...