Stock-Market Efficiency in Thin-Trading Markets: The Case of the Vietnamese Stock Market

Truong, Loc Dong; Lanjouw, Ger; Lensink, Robert

[journal article]

dc.contributor.author	Truong, Loc Dong	de
dc.contributor.author	Lanjouw, Ger	de
dc.contributor.author	Lensink, Robert	de
dc.date.accessioned	2011-04-01T04:31:00Z	de
dc.date.accessioned	2012-08-30T04:48:51Z
dc.date.available	2012-08-30T04:48:51Z
dc.date.issued	2008	de
dc.identifier.uri	http://www.ssoar.info/ssoar/handle/document/24182
dc.description.abstract	This paper reviews developments in the Stock Trading Centre (STC) in Ho Chi Minh City, Vietnam, the main stock market in the country, since its start in 2000. It presents information about developments in the number of stocks traded, trading activity and stock-price developments. The article focuses on the question whether the market is weak-form efficient. An important element of the investigation concerns the possible bias of the results caused by the thin trading that characterizes the STC. Stock-market returns are corrected for this. The main conclusion is that the STC is not efficient in the weak form.	en
dc.language	en	de
dc.title	Stock-Market Efficiency in Thin-Trading Markets: The Case of the Vietnamese Stock Market	en
dc.description.review	begutachtet (peer reviewed)	de
dc.description.review	peer reviewed	en
dc.source.journal	Applied Economics	de
dc.source.volume	42	de
dc.source.issue	27	de
dc.identifier.urn	urn:nbn:de:0168-ssoar-241823	de
dc.date.modified	2011-04-01T04:31:00Z	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	de
dc.rights.licence	PEER Licence Agreement (applicable only to documents from PEER project)	en
ssoar.contributor.institution	http://www.peerproject.eu/	de
internal.status	-1	de
dc.type.stock	article	de
dc.type.document	journal article	en
dc.type.document	Zeitschriftenartikel	de
dc.source.pageinfo	3519-
internal.identifier.journal	21	de
internal.identifier.document	32
dc.identifier.doi	https://doi.org/10.1080/00036840802167350	de
dc.description.pubstatus	Postprint	en
dc.description.pubstatus	Postprint	de
internal.identifier.licence	7
internal.identifier.pubstatus	2
internal.identifier.review	1
internal.check.abstractlanguageharmonizer	CERTAIN
internal.check.languageharmonizer	CERTAIN_RETAINED

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