Institutional investors and stock market volatility. Evidence from Korea

被引：7
作者：
ikizlerli, Deniz [1 ]
机构：
[1] Istanbul Bilgi Univ, Dept Business Adm, Fac Business, Istanbul, Turkey
来源：
APPLIED ECONOMICS LETTERS | 2020年 / 27卷 / 06期
关键词：
Trading; institutional investors; stock-return volatility; RETURN;
D O I：
10.1080/13504851.2019.1632413
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article examines the impact of institutional investors on return volatility in Korea stock market from 4 January 2000 to 15 September 2017 using actual trading data. We find that net purchases of institutions increase the market level of volatility but find no evidence that trades by institutional investors had a destabilizing impact on Korea's equity market over our sample period.
引用
收藏
页码：473 / 476
页数：4
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