FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2964797989> ?p ?o ?g. }

• W2964797989 endingPage "34" @default.
• W2964797989 startingPage "19" @default.
• W2964797989 abstract "Purpose Growth enterprise market (GEM) in Hong Kong is acknowledged as one of the world’s most successful examples of small and medium enterprise (SME) stock market. The purpose of this paper is to examine the evolving efficiency and dual long memory in the GEM. This paper also explores the joint impacts of thin trading, structural breaks and inflation on the dual long memory. Design/methodology/approach State-space GARCH-M model, Kalman filter estimation, factor-adjustment techniques and fractionally integrated models: ARFIMA–FIGARCH, ARFIMA–FIAPARCH and ARFIMA–HYGARCH are adopted for the empirical analysis. Findings The results indicate that the GEM is still weak-form inefficient but shows a tendency towards efficiency over time except during the global financial crisis. There also exists a stationary long-memory property in the market return and volatility; however, these long-memory properties weaken in magnitude and/or statistical significance when the joint impacts of the three aforementioned factors were taken into account. Research limitations/implications A forecasts of the hedging model that capture dual long memory could provide investors further insights into risk management of investments in the GEM. Practical implications The findings of this study are relevant to market authorities in improving the GEM market efficiency and investors in modelling hedging strategies for the GEM. Originality/value This study is the first to investigate the evolving efficiency and dual long memory in an SME stock market, and the joint impacts of thin trading, structural breaks and inflation on the dual long memory." @default.
• W2964797989 created "2019-08-13" @default.
• W2964797989 creator A5014319351 @default.
• W2964797989 creator A5036557028 @default.
• W2964797989 creator A5048240401 @default.
• W2964797989 creator A5067995593 @default.
• W2964797989 date "2019-07-29" @default.
• W2964797989 modified "2023-10-14" @default.
• W2964797989 title "Growth enterprise market in Hong Kong" @default.
• W2964797989 cites W1969607834 @default.
• W2964797989 cites W1969960895 @default.
• W2964797989 cites W1970454468 @default.
• W2964797989 cites W1974888258 @default.
• W2964797989 cites W1986943398 @default.
• W2964797989 cites W1994326793 @default.
• W2964797989 cites W1996312649 @default.
• W2964797989 cites W1999840323 @default.
• W2964797989 cites W2001806364 @default.
• W2964797989 cites W2001992115 @default.
• W2964797989 cites W2011384891 @default.
• W2964797989 cites W2019410796 @default.
• W2964797989 cites W2039566874 @default.
• W2964797989 cites W2055781590 @default.
• W2964797989 cites W2083402998 @default.
• W2964797989 cites W2097580026 @default.
• W2964797989 cites W2127219551 @default.
• W2964797989 cites W2132090039 @default.
• W2964797989 cites W2169107902 @default.
• W2964797989 cites W3123102284 @default.
• W2964797989 cites W3124643870 @default.
• W2964797989 cites W3124910872 @default.
• W2964797989 cites W3126088884 @default.
• W2964797989 cites W4230644069 @default.
• W2964797989 cites W4242671632 @default.
• W2964797989 doi "https://doi.org/10.1108/jabes-01-2019-0009" @default.
• W2964797989 hasPublicationYear "2019" @default.
• W2964797989 type Work @default.
• W2964797989 sameAs 2964797989 @default.
• W2964797989 citedByCount "3" @default.
• W2964797989 countsByYear W29647979892021 @default.
• W2964797989 crossrefType "journal-article" @default.
• W2964797989 hasAuthorship W2964797989A5014319351 @default.
• W2964797989 hasAuthorship W2964797989A5036557028 @default.
• W2964797989 hasAuthorship W2964797989A5048240401 @default.
• W2964797989 hasAuthorship W2964797989A5067995593 @default.
• W2964797989 hasBestOaLocation W29647979891 @default.
• W2964797989 hasConcept C106159729 @default.
• W2964797989 hasConcept C11012388 @default.
• W2964797989 hasConcept C124952713 @default.
• W2964797989 hasConcept C1297061 @default.
• W2964797989 hasConcept C142362112 @default.
• W2964797989 hasConcept C149782125 @default.
• W2964797989 hasConcept C151730666 @default.
• W2964797989 hasConcept C162324750 @default.
• W2964797989 hasConcept C17744445 @default.
• W2964797989 hasConcept C199539241 @default.
• W2964797989 hasConcept C2776950860 @default.
• W2964797989 hasConcept C2780299701 @default.
• W2964797989 hasConcept C2780762169 @default.
• W2964797989 hasConcept C2780980858 @default.
• W2964797989 hasConcept C29368100 @default.
• W2964797989 hasConcept C2986394398 @default.
• W2964797989 hasConcept C86803240 @default.
• W2964797989 hasConcept C91602232 @default.
• W2964797989 hasConceptScore W2964797989C106159729 @default.
• W2964797989 hasConceptScore W2964797989C11012388 @default.
• W2964797989 hasConceptScore W2964797989C124952713 @default.
• W2964797989 hasConceptScore W2964797989C1297061 @default.
• W2964797989 hasConceptScore W2964797989C142362112 @default.
• W2964797989 hasConceptScore W2964797989C149782125 @default.
• W2964797989 hasConceptScore W2964797989C151730666 @default.
• W2964797989 hasConceptScore W2964797989C162324750 @default.
• W2964797989 hasConceptScore W2964797989C17744445 @default.
• W2964797989 hasConceptScore W2964797989C199539241 @default.
• W2964797989 hasConceptScore W2964797989C2776950860 @default.
• W2964797989 hasConceptScore W2964797989C2780299701 @default.
• W2964797989 hasConceptScore W2964797989C2780762169 @default.
• W2964797989 hasConceptScore W2964797989C2780980858 @default.
• W2964797989 hasConceptScore W2964797989C29368100 @default.
• W2964797989 hasConceptScore W2964797989C2986394398 @default.
• W2964797989 hasConceptScore W2964797989C86803240 @default.
• W2964797989 hasConceptScore W2964797989C91602232 @default.
• W2964797989 hasIssue "1" @default.
• W2964797989 hasLocation W29647979891 @default.
• W2964797989 hasLocation W29647979892 @default.
• W2964797989 hasOpenAccess W2964797989 @default.
• W2964797989 hasPrimaryLocation W29647979891 @default.
• W2964797989 hasRelatedWork W1588363710 @default.
• W2964797989 hasRelatedWork W2008163227 @default.
• W2964797989 hasRelatedWork W2020792964 @default.
• W2964797989 hasRelatedWork W2115102034 @default.
• W2964797989 hasRelatedWork W2337715510 @default.
• W2964797989 hasRelatedWork W2364184036 @default.
• W2964797989 hasRelatedWork W2390726624 @default.
• W2964797989 hasRelatedWork W2983437053 @default.
• W2964797989 hasRelatedWork W4310360167 @default.
• W2964797989 hasRelatedWork W4312075914 @default.
• W2964797989 hasVolume "27" @default.

• next