According to theory, comovement in stock prices reflects comovement in the fundamental
factors underlying the values of stocks. Recent theory contends that stock price comovement …

Research on firm internationalization has focused primarily on the antecedents, rather than
outcomes, of the strategic decision to enter foreign markets. In addition, factors moderating …

We find that returns to momentum investing are higher among high idiosyncratic volatility (IVol)
stocks, especially high IVol losers. Higher IVol stocks also experience quicker and larger …

Research documents higher stock returns in November through April than for the rest of the
year. This anomaly is known as the “Halloween effect” and results in the following trading rule…

We examine the information environments of firms following large, non-recurring charges (“baths”).
We test competing hypotheses about the consequences of a bath—a bath either …

We use the model of Jin and Myers (2006) to examine the relative opacity of banks. Our results
show that banks have less firm-specific information in their equity returns than industrial …

Purpose The purpose of this paper is to investigate the influence of broad cultural dimensions,
as well as those of religion and legal origin, on countries’ economic freedom, ie, trade …

Purpose The purpose of this paper is to examine the effects of culture, legal origin and
religion on four measures of the ease of starting a new business; the number of procedures …

… Stephen Haggard is an Associate Professor at the Missouri State University. He received his
PhD … K. Stephen Haggard is the corresponding author and can be contacted at: shaggard@…

This study asks a novel question regarding the impact of Hofstede's cultural dimensions on
industrial actions. Different from previous studies, we take a more macro-level perspective to …