| dc.description.abstract | Vietnam in recent year has proven itself to be among the highest potential markets. However, its lack-luster information environment due to the lack of transparency and quality disclosure is a barrier for those who wish to benefit from this market. This paper aims to examnine the link between foreign ownership and stock price informativeness in Vietnam based on a sample of 250 firms listed on Ho Chi Minh Stock Exchange (HOSE) during the period from 2014 to 2018. The results revealed that the presence foreign ownership does, in fact, improve the level to which information is mirrored through stock prices. Hence, it calls for government action to encourage foreign investment so as to improve stock price informativeness and other aspects of this potential equity market.
Keywords: Vietnam, emerging market, foreign ownership, stock price informativeness | en_US |
