... attribution to the original publication and authors. The full terms of this licence may be seen at Link to the terms of the CC BY 4.0 licence . Short selling Mergers and acquisitions Disciplinary effect Pilot program Agency problem G12 G14 Short selling is one important channel...

... be seen at Link to the terms of the CC BY 4.0 licence . Institutional trading Expectation errors Mispricing Value/glamour stocks Abnormal returns G12 G14 M41 Hong Kong Polytechnic University P0030199 http://dx.doi.org/10.13039/501100004377 Funding: This work...

... at Link to the terms of the CC BY 4.0 licence . Cryptocurrency Asset pricing Factor model Size Reversal Illiquidity G10 G11 G12 G40 Since its emergence in 2009 as an open-source digital currency, Bitcoin has sparked the creation and launch of numerous cryptocurrencies built...

... of the CC BY 4.0 licence . Analysts Institutional investors Target prices G12 G32 Sell-side analyst forecasts are important to investors in making investment decisions (Bonner, Hugon, & Walther, 2007). This is evident from investor responses to analyst earnings forecasts and stock...

...-specific features. Compared with market-level research, our analysis provides deeper insights into the performance of individual stocks and is of particular importance to investors and other market participants. C22 G11 G12 G14 After rebounding from the 1997 Asian financial crisis, Asia has...

... G12 G13 G14 G15 G40 L17 Cryptocurrencies are digital currencies that utilize blockchain, decentralization and cryptography technology, with Bitcoin being the most popular among investors. In the wake of the 2008 financial crisis, the public's trust in banks and centralized financial...

... . The results and discussion are elucidated in section 4 . The concluding remarks and managerial implications are illuminated in section 5 . Illiquidity Emerging market Liquidity adjusted CAPM WUI EGARCH G10 G12 G15 Sharpe (1964) , Treynor (1962) , Lintner (1965) , Lintner...

... of this licence may be seen at http://creativecommons.org/licences/by/4.0/legalcode Entropy Idiosyncratic entropy Cross section Expected return G11 G12 The field of risk management has extensively studied how the risk related to the returns of assets influences investor decisions...

... Anti-takeover provisions Information asymmetry Capital market efficiency G12 M41 As an important measure reflecting resource allocation capability and market operation efficiency, IPO pricing has long been an essential research topic. When companies go public, the equity they sell...

... measure, than for the green patents measure, as the latter have not been implemented yet. Green innovation Cost of equity Environmental protection Financial constraint G12 G30 O30 Innovation, conceptualized as a process where existing knowledge is recombined in novel ways, plays...

... Expected return Asset pricing puzzle G12 G14 G40 Whether a stock's expected return depends on idiosyncratic volatility is an unresolved asset pricing puzzle (Hou & Loh, 2016). Traditional asset pricing theories predict either no relation between idiosyncratic volatility and expected...