Search Results - "Lockwood, Jimmy"

Risk-shifting, equity risk, and the distress puzzle by Li, Keming, Lockwood, Jimmy, Miao, Hong

“…Higher default probabilities are associated with lower future stock returns. The anomaly cannot be explained by strategic shareholder actions, traditional risk…”
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The information content of ETF options by Lockwood, Jimmy, Lockwood, Larry, Miao, Hong, Ramchander, Sanjay, Yang, Dongxiao

“…We examine the information content of China's Shanghai Stock Exchange (SSE) 50 ETF options introduced in 2015. Trading volume and implied volatilities of calls…”
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PRICE DISCOVERY OF INTERNATIONALLY CROSS‐LISTED STOCKS DURING THE 2008 FINANCIAL CRISIS by Lockwood, Jimmy, Lockwood, Larry, Lau, Sie Ting

“…Studies of cross‐listings show home markets dominate price discovery and point to informational advantages of local investors. However, we show price discovery…”
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Does Analyst Optimism Fuel Stock Price Momentum? by Lockwood, Jimmy, Lockwood, Larry, Miao, Hong, Uddin, Mohammad Riaz, Li, Keming

“…Researchers have struggled to find rational risk factors that explain momentum profits derived from buying recent winners and shorting recent losers…”
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Determinants of Put-Call Disparity: Kospi 200 Index Options by Kim, Sam, Lockwood, Jimmy, Lockwood, Larry, Miao, Hong

“…Many studies find that traditional option pricing models fail to work in practice. The implied volatility smile is one example. In this study, we examine…”
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LOST IN TRANSLATION: WHICH STOCK PRICES BEAR THE BURDEN TO ADJUST TO EXCHANGE RATES? by Lockwood, Jimmy, Lockwood, Larry, Lau, Sie Ting

“…We examine the role of competing exchanges to restore price parity following currency shocks during 2008, a year characterized by dramatic currency volatility…”
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Investor response to online value line rank changes: Foreign versus local stocks by Prombutr, Wikrom, Lockwood, Jimmy, Zhang, Ying, Le, Steven V.

“…We find that the Value Line effect is confined to U.S. stocks. U.S. listed stocks significantly outperform their benchmarks long after Value Line Timeliness…”
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