Thesiss

This dissertation consists of two essays examining the role of foreign and domestic investors using data from the Jakarta Stock Exchange. The first essay examines foreign contribution on domestic market microstructure. In this essay, we examine whether foreign investors' presenc…

The phenomenon of crony capitalism is often described as the major cause of the Asian economic collapse in 1997. The main objective of this study is to address this phenomenon empirically through the structure of Malaysian political economy and tests the hypothesis that crony fi…

This study's objective is to provide new empirical capital market evidence on the impact of a unique natural experiment on a stock split policy which was decreed several years ago by the Saudi Arabian government. First, the capital market reaction to the government decreed stock…