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A Special and Undervalued Stock Market in Taiwan

In: Asia Pacific Financial Markets in Comparative Perspective: Issues and Implications for the 21st Century

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  • Yao-Chun Tsao
  • Wen-Kuei Chen

Abstract

The ‘managed stock’ market in Taiwan is neglected by the authorities and general investors. In this paper, we explore the link between financial trait and stock price changes in this special market. Overall, we analyze and discuss managerial implications for institutional investors, general investors and the authorities as well.

Suggested Citation

  • Yao-Chun Tsao & Wen-Kuei Chen, 2005. "A Special and Undervalued Stock Market in Taiwan," Contemporary Studies in Economic and Financial Analysis, in: Asia Pacific Financial Markets in Comparative Perspective: Issues and Implications for the 21st Century, pages 273-289, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:csefzz:s1569-3759(05)86013-9
    DOI: 10.1016/S1569-3759(05)86013-9
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