Stock price synchronicity has been associated with various market outcomes like the return-sentiment relations, stock liquidity, and asset pricing models. Therefore, researchers have devoted a lot of time in revealing underlying factors that drive synchronicity. Using sample 49 countries over period 1990 to 2019 we find robust association between higher cultural secretiveness Our results sugges...

This article investigates the impact of heterogeneous foreign investment on home market stock price informativeness. Evidence from China’s nascent A-share shows non-segmented reduces firms’ return synchronicity, while segmented does not. Using Shanghai (Shenzhen)–Hong Kong Stock Connect program as a natural experiment that exogenously increases ownership, we find synchronicity drops significant...

As a common standard for global business reporting, eXtensible Business Reporting Language (XBRL) can make up the deficiencies of traditional financial reports in terms standardized disclosure and information use costs, provide firm-specific to report users, reduce level corporate stock price synchronicity, then improve capital market allocation efficiency. Based on data Chinese listed companie...

This paper investigates whether and how the development level of a country's digital economy affects stock price synchronicity. The results indicate that countries with high levels exhibit low Additionally, by decomposing synchronicity into systematic firm-specific return variations, we find (firm-specific) variations returns decrease (increase) digitalization. These findings shed light on futu...

The purpose of this paper is to examine the impacts ownership structure on stock price synchronicity in Vietnam market. research has been conducted with a sample all those companies listed market from 2007 2017 and used multivariate regression method array data sets. findings have shown that Vietnam, mainly caused by general information whole In addition, pointed out negative relationship exist...