References
- Angelidis, D., Koulakiotis, A., and Kiohos, A. 2018. Feedback trading strategies: the case of Greece and Cyprus. The South East European Journal of Economics and Business 13 (1):93-99. http://journal.efsa.unsa.ba/index.php/see/article/view/744.10.2478/jeb-2018-0006
- Angelovska, J. 2014. Month Related Seasonality on the Macedonian Stock Market. Business and Economics Research Journal 5(1):143-150.
- Bekaert, G., and Harvey, C. R. 2002. Research in Emerging Markets Finance: Looking to the Future. Working paper, September 11.10.2139/ssrn.795364
- Bekaert, G., and Harvey, C. R.. 2000. Foreign Speculators and Emerging Equity Markets. Journal of Finance 55: 565-613.10.1111/0022-1082.00220
- Bekaert, G, Harvey, C. R. and Lumsdaine,R. 2002. The Dynamics of Emerging Market Equity Flows, Journal of International Money and Finance 21: 295-350.10.1016/S0261-5606(02)00001-3
- Bohn, H., and Tesar, L. L.. 1996. U. S. equity investment in foreign markets: portfolio rebalancing or return chasing? American Economic Review 86:77-81.
- Brennan, M. J., and Cao, H. H., 1997. International portfolio investment flows. Journal of Finance. 52:1851-1880.10.1111/j.1540-6261.1997.tb02744.x
- Choe, H., Bong-Chan Kho, and Stulz, R. M. 1999. Do foreign investors destabilize stock markets? The Korean experience in 1997. Journal of Financial Economics 54:227-264.10.1016/S0304-405X(99)00037-9
- Clark, J., and Berko. E. 1996. Foreign Investment Fluctuations and Emerging Market Stock Returns: The Case of Mexico. Research Paper from Federal Reserve Bank of New York, Number 9635.10.2139/ssrn.993813
- Dahlquist, M., and Robertsson, G. G. 2004. A note on foreigners trading and price effects across firms. Journal of Banking & Finance 28: 615-632.10.1016/S0378-4266(03)00036-0
- Errunza, V., Senbet, L., and Hogan, K. 1989. Capital flow controls, international asset pricing, and investors’ welfare: A multi-country framework. Journal of Finance 44: 1025-1037.10.1111/j.1540-6261.1989.tb02636.x
- Froot, K., and Ramadorai, T. 2001. The information content of international portfolio flows, NBER Working Paper No. 8472.10.3386/w8472
- Griffin, J. M., Nardari, F., and Stulz, R M. 2004. Are daily cross-border equity flows pushed or pulled? The Review of Economics and Statistics 86(3):641-657.10.1162/0034653041811725
- Grossman, S.1995. Dynamic asset allocation and the informational efficiency of markets. Journal of Finance 50: 773–788.10.1111/j.1540-6261.1995.tb04036.x
- Grossman, S., and Stiglitz, J. 1980. On the Impossibility of Informationally Efficient Markets. American Economic Review 70: 393-408.
- Henry, P. B. 2000. Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices. Journal of Finance 55: 529-564.10.1111/0022-1082.00219
- İkizlerli, D., and Ülkü, N. 2008. Foreigners Trading and Returns in Istanbul Stock Exchange. Istanbul Stock Exchange Review 5 (17): 93-124.
- Kim, H. E., and Singal, V. 2000. Stock Market Openings: Experience of Emerging Economies. Journal of Business 73: 25-66.10.1086/209631
- Lin, M-C., and Ma, L-C. 2002. The interactions s between institutional trading information and market returns. Review of Securities and Futures Markets 14:113-143.
- Merton, R. C. 1987. A Simple model of capital market equilibrium with incomplete information. Journal of Finance 42: 483-510.10.1111/j.1540-6261.1987.tb04565.x
- Pavabutr, P., and Yan, H. 2007. The Impact of Foreign Portfolio Flows on Emerging Market Volatility: Evidence from Thailand. Australian Journal of Management 32(2):345-368. DOI: 10.1177/03128962070320020910.1177/031289620703200209
- Richards, A. 2005. Big Fish in Small Ponds: The Trading Behavior and Price Impact of Foreign Investors in Asian Emerging Equity Markets. Journal of Financial and Quantitative Analysis 40: 1-2710.1017/S0022109000001721
- Stulz, R. M. 1997. International portfolio flows and security returns, Unpublished working paper. Ohio State University, Columbus, OH.
- Tabak, B. M. 2003. The Random Walk Hypothesis and the Behavior of Foreign Capital Portfolio Flows: the Brazilian Stock Market Case. Applied Financial Economics 13.10.1080/09603100210134550
- Tesar, L., and Werner, I. M.. 1995b. U.S. equity investment in emerging stock market. World Bank Economic Review 9:109-130.10.1093/wber/9.1.109
- Tesar, L., and Werner, I. M. 1995a. Home bias and high turnover. Journal of International Money and Finance 14:467-492.10.1016/0261-5606(95)00023-8
- Warther, V. A. 1995. Aggregate Mutual Fund Flows and Security Returns. Journal of Financial Economics 39: 209-235.10.1016/0304-405X(95)00827-2
- Yu, C. H., and Yung, C. Lai. 1999. On the informational leading role of foreign institutional investors. Journal of Financial Studies 7:1-26.