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This study focuses on listed and over-the-counter (OTC) companies in the Taiwan Stock Exchange. It found that an increase in the ownership proportion of institutional investors (INs), including foreign investors, investment trusts, and dealers can enhance the informativeness of stock prices. The relationship between these factors follows an inverted U-shaped pattern, indicating that excessively high ownership ratios can actually lead to a decrease in the informativeness of stock prices. Additionally, increasing the ownership proportions of foreign investors and investment trusts can reduce the risk of stock price collapse, while dealers show no significant relationship in this regard. This study also reveals that the technical variable of the price deviation rate is an important explanatory factor for post-collapse returns. It is positively correlated with the magnitude of the price decline after a collapse, meaning that stocks with weaker pre-collapse performance experience larger post-collapse declines. When the data during the 2020 pandemic period are excluded, changes in foreign ownership ratios show a significant positive correlation with postcrash returns in both the long and short term. The significant correlation in the short term may be due to a high proportion of foreign ownership. Any reduction in this could put pressure on stock prices, and retail investors may follow suit and sell-off, using foreign investors as a reference. The significant correlation in the long term might be due to foreign investors themselves possibly also trying to avoid the pressure that their own short-term sell-offs could exert on stock prices. The changes in the ownership ratios of investment trusts and dealers indicate that medium and long-term changes have a significant impact on postcrash returns, while the changes in the major players' ownership show no significant correlation. When data from 2020 are included in the analysis, the significance of all INs decreases.

Globalization is a process of interaction and integration among the countries, their people, their businesses, and their governments. It is a change driven by international trade, implemented by various policies and aided by modern technology. It has impacts on the environment, culture, political systems, economic development and prosperity, and human physical well-being in societies around the world. But there can be some negative impacts as well. One possible outcome of globalization of all sorts can be the income inequalities. Objective of this chapter is to search for any such connection. Gini coefficient, unemployment rate, Below Poverty Line (BPL) is taken to understand the extent of inequalities in different countries. Outcome shows some countries do not show any association between globalization and income inequalities; some do. Therefore, there are some other variables which influence the above relationship. This chapter tries to identify all such background factors. It reveals that factors like level of development, demographic structure, urbanization, adult and tertiary level of education and government expenditure share in higher education play important roles. All these have different magnitudes of impacts on change in income distribution due to the initial process of globalization.

The goal of sustainable economic growth is achievable only when economic growth and development occur without environmental degradation. The Environmental Kuznets Curve (EKC) hypothesis explains the inverted U-shaped association between economic activity and environmental degradation. The primary objective of this study is to empirically test the truth behind the EKC hypothesis. In addition to that, the study is intended to analyze the variation in the shape of the EKC; that is, cross-country variation, as well as variation over time. In order to achieve the stated objectives, the study analyzed a long list of countries (75 countries) for a fairly long period of time (1960–2016, i.e., 57 years). The empirical literature in this area estimated the EKC using some form of a polynomial regression equation. This study also used a similar kind of modeling structure to understand cross-country as well as dynamic variation in the shape of the EKC. In this study, firstly the selected countries are grouped on the basis of the shape of the EKC. Secondly, the dynamic behavior of each parameter in the polynomial equation is analyzed to understand the degree of association between economic activity and environmental degradation. This study suggests a decline in degree of association between the two over time.

Misconduct allegations have been found to not only affect the alleged firm but also other, unalleged firms in form of reputational and financial spillover effects. It has remained unexplored, however, how the number of prior allegations against other firms matters for an individual firm currently facing an allegation. Building on behavioral decision theory, we argue that the relationship between allegation prevalence among other firms and investor reaction to a focal allegation is inverted U-shaped. The inverted U-shaped effect is theorized to emerge from the combination of two effects: In the absence of prior allegations against other firms, investors fail to anticipate the focal allegation, and hence react particularly negatively (“anticipation effect”). In the case of many prior allegations against other firms, investors also react particularly negatively because investors perceive the focal allegation as more warranted (“evaluation effect”). The multi-industry, empirical analysis of 8,802 misconduct allegations against US firms between 2007 and 2017 provides support for our predicted, inverted U-shaped effect. Our study complements recent misconduct research on spillover effects by highlighting that not only a current allegation against an individual firm can “contaminate” other, unalleged firms but that also prior allegations against other firms can “contaminate” investor reaction to a focal allegation against an individual firm.