Discuss the theoretical underpinnings for empirical findings of Yu and Yuan.
Required: 1. Discuss the theoretical underpinnings for empirical findings of Yu and Yuan (2011). [6 marks] 2. Suppose that you decide to extend the US evidence from Yu and Yuan (2011) to another market. Select a market and motivate your selection. [8 marks] 3. Critically review related literature, and summarise and evaluate approaches to construct […]