The existence and the enforcement of insider trading laws in stock markets is a phenomenon
of the 1990s. A study of the 103 countries that have stock markets reveals that insider …

We analyze financial statements from 34 countries for the period 1984–1998 to construct a
panel data set measuring three dimensions of reported accounting earnings for each country: …

In this study, we attempt to model and predict the direction of return on market index of the
Taiwan Stock Exchange, one of the fastest growing financial exchanges in developing Asian …

Despite abundant research which focuses on estimating the level of return on stock market
index, there is a lack of studies examining the predictability of the direction/sign of stock index …

Shares trading in the Bolsa Mexicana de Valores do not seem to react to company news.
Using a sample of Mexican corporate news announcements from the period July 1994 through …

In this study, we examine the forecastability of a specific neural network architecture called
general regression neural network (GRNN) and compare its performance with a variety of …

This paper examines the link between capital market governance (CMG) and several key
measures of market performance. Using detailed data from individual stock exchanges, we …

This paper argues, both theoretically and empirically, that sometimes no securities law may
be better than a good securities law that is not enforced. The first part of the paper formalizes …

This paper contributes empirical evidence to the on-going debate on short sales. Our examination
of how market-wide short-sale restrictions affect aggregate market returns focuses on …

This study investigates the usefulness and efficacy of a multiobjective decision method for
financial trading guided by a set of seemingly diverse analysts' forecasts. The paper proposes …