A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2020; you can also visit the original URL.
The file type is
The Effects of Corporate Governance on Stock Pricing Efficiency in the Korean Stock Market
Korean Journal of Financial Studies
This study investigates whether better corporate governance enhances the efficiency of stock pricing in the Korean stock market. The variance ratio (Lo and MacKinlay, 1988 ) is set as a proxy variable for the efficiency of stock pricing. Moreover, the degree of delayed stock pricing (Hou and Moskowits, 2005) is used as a proxy for the inefficiency of stock pricing. In addition, another measure of delayed stock pricing (Hou and Moskowits, 2005) is used as an additional proxy. Moreover, the Hurstdoi:10.26845/kjfs.2020.02.49.1.107 fatcat:q3p7mw2tgvfflfyld5e7cjn5mq