This paper devotes a first and direct attention on the feedback trading behaviors of one of the largest investor populations in the world. Using a unique data set of historical stock transaction, we examine cross-sectional and time-varying buy-sell activities of Chinese investor as a function of a series of stock returns in past. The time-horizons over which investors trade in response to retur...

Understanding the causes of interstate conflict continues to be a primary goal of the field of international relations. To that end, scholars continue to rely on large datasets of conflict in the international system. This paper introduces the latest iteration in the most widely used dataset on interstate conflicts, the Militarized Interstate Dispute (MID) 4 data. In this paper we first outline...

We analyze time series of investor expectations of future stock market returns from six data sources between 1963 and 2011. The six measures of expectations are highly positively correlated with each other, as well as with past stock returns and with the level of the stock market. However, investor expectations are strongly negatively correlated with model-based expected returns. The evidence i...

The conflict between international investment law and EU provides fruitful insights into how the arbitral tribunals, acting outside EU’s judicial system, have viewed law. Taking as an example topical questions of principle autonomy well State aid rules in investor-State arbitration, article discusses tribunals seen role they treated opposite demands from two legal regimes. claim rendering intra...

Abstract In late 2020, the Cairn Tribunal concluded one of largest investor-state arbitration disputes to date. The core dispute was retroactive taxation offshore indirect transfers shares companies with underlying assets situated in India (crude petroleum and natural gas fields). decided that had violated fair equitable standard under UK–India bilateral investment treaty by without a specific ...

this research intends to investigate the relationship between financial information transparency and investor behavior in tse, in order to provide safety trade and improve performance of the financial market in iran. in last decade transparency of the financial market has been known as one of the most effective variables in determining investor strategy. this study examines perception of transp...

In a previous article,1 we discussed some of the basic tax considerations investors face in lawsuits. We concluded that debt treatment tends to be unfavorable to an investor because income is ordinary and the investor may even be required to accrue phantom income. Outside the debt context, we observed, the investor tends to be indifferent as to whether the arrangement is a prepaid forward contr...