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Indexed by:会议论文

Date of Publication:2014-01-01

Included Journals:CPCI-SSH

Page Number:583-587

Key Words:External Governance Environment; Synchronous of Stock Price; Stock Market

Abstract:This research aimed to verify the effect of external governance environment on the synchronicity of stock price variation in different regions. The result is listed as good external governance environment can significantly reduce the synchronicity of stock price variation of listed companies, hence improve the resource allocation efficiency of the stock market.