... Integrated market Transnational stock market ARCH and GARCH effects G40 G00 F14 F15 F30 F36 Herding behavior is a process where investors ignore their private information and imitate the behavior of other investors. It is a tendency for investors to follow the same sources of information...

... Excess value Institutional and transaction cost theories G00 G30 G32 Business groups and their affiliates, a typical form of business around the globe, remain a matter of debate among management scholars (Khanna and Yafeh, 2015 ; Sur and Chauhan, 2020). The gist of such debate revolves...

... Limited Licensed re-use rights only Financial development Financial inclusion Income inequality Asia Panel cointegration Granger causality G00 O11 O15 O16 O53 Table 1 Descriptive statistics and pairwise correlation lnINEQ lnCB lnDA lnOLH lnDCP lnGDP...

...-19 Financial crisis Emerging stock market Cumulative abnormal returns Event study G00 G01 G10 G14 G40 G41 In a conventional economic growth, the effect of COVID-19 on the economy is not a cyclical transition. The pandemic’s short-term catastrophes often outweigh endogenous...