The Trading Behavior and Price Impact of Institutional Investors in Taiwan Equity Market

Autor:	Ning-Yi Wang, 王寧毅
Druh dokumentu:	學位論文 ; thesis
Popis:	103 This paper analyzes a specific dataset for the aggregate daily net purchases of institutional investors in Taiwan equity market from 2007 through 2012, and examines institutional trading behavior during financial tsunami and post-financial tsunami period. We find definitely differential strategies between institutional investors in short-term trading and their relationship with market indices returns that Institutional investors follow short-term mature market return performance, and quickly respond to manipulate their portfolio in Taiwan stock market, and the co-movement relationship between market index returns and institutional net flows has totally different pattern during financial tsunami.
Databáze:	Networked Digital Library of Theses & Dissertations
Externí odkaz:	http://ndltd.ncl.edu.tw/handle/40980326419403501255 Zobrazit plný text záznamu