Trading Behavior of Foreign Vis a Vis Local Investors in The Indonesian Stock Market | Rahardjo | Gadjah Mada International Journal of Business 6149 10450 1 PB
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Using market data of Indonesia Stock Exchange between economic crisis and before sub-prime mortgage crisis (from year 2000 to 2007) indicate the existence of return –
When we investigate price move- ments and trading activities on the days leading to UMA announcements, we find significant positive (negative) ab- normal returns on the days
The nonlinear unit root test procedure fail to rejects the null hypothesis of unit root for all indices, suggesting that Jakarta Composite Index characterized by random walk
The proponents of foreign bank entry argue that foreign banks benefit the domes- tic banking market; the presence of foreign banks is claimed to enhance competition in the local