Fung Chin-Hung. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2004. / Includes bibliographical references (leaves 82-87). / Abstracts in English and Chinese. / Abstract --- p.i / 摘要 --- p.ii / Acknowledgement --- p.iii / Table of Contents --- p.iv / Tables --- p.vi / Figures --- p.vii / Appendices --- p.vii / Abbreviations --- p.vii / Chapter Chapter 1 --- Introduction --- p.1 / Chapter Chapter 2 --- Literature Review --- p.7 / Chapter 2.1 --- Views on Comovements --- p.7 / Chapter 2.2 --- Herding --- p.9 / Chapter 2.3 --- Stock Price Synchronicity of a Market --- p.10 / Chapter 2.4 --- Comparison of Two Popular Measures of Stock Price Synchronicity --- p.13 / Chapter 2.5 --- Factors Affecting Synchronicity of a Market --- p.14 / Chapter Chapter 3 --- Asymmetric Patterns of Stock Price Comovements --- p.19 / Chapter 3.1 --- Rationale for Asymmetric Patterns of Stock Price Comovements --- p.19 / Chapter 3.1.1 --- Difference in the Delay in Response to Bad news and Good News --- p.19 / Chapter 3.1.2 --- Other Possible Reasons for Asymmetric Patterns of Stock Price Comovement --- p.22 / Chapter 3.2 --- Detecting Asymmetric Pattern in Comovements --- p.24 / Chapter 3.2.1 --- Data Construction and Descriptions --- p.27 / Chapter 3.3 --- Asymmetric Pattern of Comovements --- p.30 / Chapter 3.4 --- Asymmetry During Extreme Market Movements --- p.32 / Chapter 3.5 --- The Relationship between Asymmetry and the Short -Selling Restrictions --- p.34 / Chapter 3.5.1 --- Data of Short Sales Restrictions --- p.35 / Chapter 3.5.2 --- Results and Interpretations --- p.36 / Chapter Chapter 4 --- Corporate Governance and Stock Prices Comovements --- p.38 / Chapter 4.1 --- "Corporate Governance, Ownership Structure and Transparency" --- p.40 / Chapter 4.2 --- Firm-level Synchronicity Measures --- p.42 / Chapter 4.3 --- Data Construction --- p.44 / Chapter 4.4 --- Data Characteristics --- p.45 / Chapter 4.5 --- Regression Framework and Variable Descriptions --- p.48 / Chapter 4.6 --- Regression Results and Interpretations --- p.59 / Chapter 4.6.1 --- Results Using the Sample of Western Europe --- p.60 / Chapter 4.6.2 --- Results Using the Sample of East Asia --- p.64 / Chapter 4.6.1 --- Econometric Issues --- p.67 / Chapter 4.6.2 --- Analysis of the Combined Results --- p.72 / Chapter Chapter 5 --- Concluding Remarks --- p.78 / Reference --- p.82

published_or_final_version / Economics / Master / Master of Philosophy

No description available.

No description available.

published_or_final_version / Business Administration / Master / Master of Business Administration

by Tam Tak-wai. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1994. / Includes bibliographical references (leaves 35-37). / APPROVAL --- p.ii / ABSTRACT --- p.iii / ACKNOWLEDGEMENTS --- p.iv / TABLE OF CONTENTS --- p.v / Chapter CHAPTER 1 --- INTRODUCTION --- p.1 / Chapter CHAPTER 2 --- CHAOS THEORY - AN OVERVIEW --- p.6 / Chapter CHAPTER 3 --- THEORETICAL IMPLICATIONS OF CHAOS THEORY --- p.14 / Chapter CHAPTER 4 --- EMPIRICAL RESULTS --- p.21 / Chapter CHAPTER 5 --- CONCLUSION --- p.33 / BIBLIOGRAPHY --- p.35 / APPENDIX A - GRAPHICAL RESULTS --- p.38 / APPENDIX B - ESTIMATED LYAPUNOV EXPONENTS --- p.45 / APPENDIX C - SHUFFLED TESTS RESULTS --- p.47 / APPENDIX D - DAILY HANG SENG INDEX --- p.50

by Ng Tak-ming. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1993. / Includes bibliographical references (leaves 28-29). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF TABLES --- p.iv / LIST OF FIGURES --- p.v / Chapter / Chapter I. --- INTRODUCTION AND LITERATURE REVIEW --- p.1 / Chapter II. --- SAMPLE DESCRIPTION --- p.8 / Chapter III. --- METHODOLOGY --- p.10 / Chapter IV. --- RESULTS --- p.12 / Chapter V. --- IMPLICATIONS --- p.19 / Chapter VI. --- CONCLUSIONS --- p.21 / REFERENCES --- p.28

Summary in Chinese. / Thesis (M.B.A.)--Chinese University of Hong Kong. / Bibliography: leaves 246-249.

published_or_final_version / abstract / Statistics and Actuarial Science / Master / Master of Philosophy

Lu Yiyang. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2004. / Includes bibliographical references (leaves 79-82). / Abstracts in English and Chinese. / Chapter Chapter 1: --- Introduction --- p.1 / Chapter Chapter 2: --- Literature Review --- p.6 / Chapter 2.1 --- Econometric analysis of stock price with macro variables --- p.6 / Chapter 2.2 --- Momentum and Price Reversal --- p.10 / Chapter 2.3 --- Relationship between earnings and stock return --- p.15 / Chapter 2.4 --- Other Financial Investigations in Hospitality Industry --- p.18 / Chapter 2.5 --- Research Motivations --- p.21 / Chapter 2.7 --- Thesis Outline --- p.24 / Chapter Chapter 3: --- Macroeconomic Analysis --- p.26 / Chapter 3.1 --- Selection of macroeconomic variables --- p.26 / Chapter 3.2 --- Research Methodology --- p.30 / Chapter 3.2.1 --- VAR Model --- p.30 / Chapter 3.2.2 --- Methodological Consideration --- p.31 / Chapter 3.2.2.1 --- Granger Causality Test --- p.31 / Chapter 3.2.2.2 --- Variance Decomposition --- p.32 / Chapter 3.2.2.3 --- Ordering of variance decomposition --- p.34 / Chapter 3.2.3 --- Model Specification --- p.35 / Chapter 3.3 --- Empirical Results --- p.36 / Chapter 3.3.1 --- The Contemporaneous Correlation Between Hospitality Stock Returns and Selected Macroeconomic Variables --- p.36 / Chapter 3.3.2 --- The Correlation Between Hospitality Stock Returns and Lagged Macroeconomic Variables --- p.38 / Chapter Chapter 4: --- Momentum and Price Reversal --- p.46 / Chapter 4.1 --- Samples and Data Selection --- p.46 / Chapter 4.2 --- Methodology --- p.52 / Chapter 4.3 --- Empirical Results by Stock Return Ranking --- p.53 / Chapter 4.4 --- Stock Returns by ROA Ranking --- p.63 / Chapter 4.5 --- Regression Results --- p.73 / Chapter Chapter 5: --- Conclusions --- p.76