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Europa-Universität Viadrina Frankfurt (Oder) >
Graduiertenkolleg "Kapitalmärkte und Finanzwirtschaft im erweiterten Europa", Europa-Universität Viadrina >
Working Paper Series, Graduiertenkolleg "Kapitalmärkte und Finanzwirtschaft im erweiterten Europa", Europa-Universität Viadrina >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/22111
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Bohl, Martin T. | | en_US |
| dc.contributor.author | | Gottschalk, Katrin | | en_US |
| dc.contributor.author | | Henke, Harald | | en_US |
| dc.contributor.author | | Pál, Rozália | | en_US |
| dc.date.accessioned | | 2009-01-29T14:26:13Z | | - |
| dc.date.available | | 2009-01-29T14:26:13Z | | - |
| dc.date.issued | | 2006 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/22111 | | - |
| dc.description.abstract | | In this paper, we investigate the effect of institutional investors on the January stock market anomaly. The Polish and Hungarian pension system reforms and the associated increase in investment activities of pension funds are used as a unique institutional characteristic to provide evidence on the impact of individual versus institutional investors on the January effect. We find robust empirical results that the increase in institutional ownership has reduced the magnitude of an anomalous January effect induced by individual investors' trading behavior. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.relation.ispartofseries | | The Postgraduate Research Programme working paper series / Europa-Universität Viadrina Frankfurt (Oder), Graduiertenkolleg "Kapitalmärkte und Finanzwirtschaft im erweiterten Europa" 2006,6 | | en_US |
| dc.subject.jel | | G14 | | en_US |
| dc.subject.jel | | G23 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Institutional Traders | | en_US |
| dc.subject.keyword | | Individual Investors | | en_US |
| dc.subject.keyword | | January Effect | | en_US |
| dc.subject.keyword | | Polish and Hungarian Pension Fund Investors | | en_US |
| dc.title | | Institutional investors and stock market efficiency: The case of the January anomaly | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 511358253 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.identifier.repec | | RePEc:zbw:euvgra:20066 | | - |
| Appears in Collections: | | Working Paper Series, Graduiertenkolleg "Kapitalmärkte und Finanzwirtschaft im erweiterten Europa", Europa-Universität Viadrina
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