Relationship between volatility and multilisting : evidence from the Finnish stock market
AbstractThe purpose of this paper is to provide an additional insight into the stock price volatility of all Finnish companies that are listed on foreign stock exchanges through studying permanent changes to the stock price volatility brought by trading on many markets. We find that the variances of both restricted and unrestricted stocks are slightly lower during the post-listing period.
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Bibliographic InfoArticle provided by Finnish Economic Association in its journal Finnish Economic Papers.
Volume (Year): 11 (1998)
Issue (Month): 2 (Autumn)
Find related papers by JEL classification:
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
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