Journal of Derivatives and Quantitative Studies: 선물연구: Volume 28 Issue 4 , Open Access

Green bonds: a survey

Chiyoung Cheong, Jaewon Choi

This paper is a survey of recent academic developments in the literature on green bonds, which have become an important financial instrument in socially responsible investment…

The impacts of day trading activity on market quality: evidence from the policy change on the Taiwan stock market

Tun-Ya Yang, Si-Yuan Huang, Wei-Che Tsai, Pei-Shih Weng

This paper aims to investigate the impact of day trading on market quality on the Taiwan stock market with the implementation of a unique policy change. This paper examines 396…

CAPM verification using overnight and daytime returns

Dae Jin Kang, Soo-Hyun Kim

The capital asset pricing model has failed to explain the effect of systematic risk (referred to as beta) on actual stock market returns. Accordingly, this study analyzes daily…