This study examines the institutional investors' trading strategies to exploit the post-earnings announcement drift (PEAD) around earnings announcements in China. China's fund management industry is developing rapidly. Our findings suggest the possibility that institutional investors trade on...

The author examine the effect of corporate domicile of Hong Kong companies to other countries that were motivated by a desire to reduce political risk. They argue that political risk is too subjective a concept to be exposed to systematic quantitative analysis. The authors provide empirical...

To examine the impact of limited attention on post-earnings announcement drift (PEAD), this study introduces inattentive investors with limited attention to an overlapping generations model based on the psychological view that individuals' attention is limited. We find that PEAD is driven by...