Relationship between volatility and multilisting: evidence from the Finnish stock market

Aarni Pursiainen
Additional contact information
Aarni Pursiainen: Department of Finance, Swedish School of Economics and Business Administration,

Finnish Economic Papers, 1998, vol. 11, issue 2, 65-85

Abstract: The 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.

JEL-codes: G14 G15 (search for similar items in EconPapers)
Date: 1998
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://taloustieteellinenyhdistys.fi/images/stories/fep/f1998_2a.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fep:journl:v:11:y:1998:i:2:p:65-85

Access Statistics for this article

More articles in Finnish Economic Papers from Finnish Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Editorial Secretary ( this e-mail address is bad, please contact ).