Thesis (Ph. D.)--University of Hong Kong, 2006. / Title proper from title frame. Also available in printed format.

Thesis (Ph. D.)--University of Washington, 1991. / Vita. Includes bibliographical references (leaves [201]-204).

Thesis (Ph. D.)--Lehigh University, 2001. / Includes vita. Includes bibliographical references (leaves 75-76).

Thesis (M.B.A.)--Ohio State University, 1966. / Available online via OhioLINK's ETD Center

Thesis (Ph. D.)--Drexel University, 2003. / Includes abstract and vita. Includes bibliographical references (leaves 83-88).

Thesis (M.Phil.)--City University of Hong Kong, 2009. / "Submitted to Department of Economics and Finance in partial fulfillment of the requirements for the degree of Master of Philosophy." Includes bibliographical references (leaves 63-73)

Thesis (Ph. D.)--University of Washington, 2003. / Vita. Includes bibliographical references (leaves 75-80).

Thesis (Ph. D.)--Rutgers University, 2009. / "Graduate Program in Management." Includes bibliographical references (p. 130-137).

Thesis (M.B.A.)--University of Hong Kong, 1985.

My dissertation finds that the effects of institutional trading on stock price efficiency are significant and complicated. On one hand, I present evidence that institutional trading in general improves price efficiency. In particular, major stock market anomalies such as stock return momentum, post earnings announcement drift, and the book-to-market effect are much stronger in stocks with lower institutional trading volume. On the other, some institutional trading behaviors could hamper stock price efficiency even though institutions are generally rational arbitrageurs. Specifically, I show that when institutions act as positive-feedback traders, their trading contributes to stock return momentum and hampers prices efficiency.