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Stock Market Opening and the Cost of Capital: The Case of Korea

Inseok Shin and Chang-gyun Park (eds)

in International Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy

Published in print:
2008
Published Online:
February 2013
ISBN:
9780226386829
eISBN:
9780226387086
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226387086.003.0013
Subject:
Economics and Finance, South and East Asia

This chapter uses firm level panel data to analyze the effects of increased foreign presence in the Korean stock market on dividend yield. It examines the trends that emerge when controlling for ... More


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