02331nas|a2200253 i 450000500170000000800410001703500150005810000240007324501010009726000520019830000140025049000520026450200830031650001470039952011460054665000290169265000250172170000320174670000560177870000440183471000500187881000840192885600650201220260818134812.0030718s2002 th u m rtt 00| a1eng d a.b118897550 aNguyen Thi My Huong10aIndividual investment and investor relations for the listed companies in Vietnamese stock market aBangkok :bAsian Institute of Technology,c2002 a83 leaves1 aResearch studies project report ;vno. SM-02-68 aResearch Studies Project Report (M.B.A.) - Asian Institute of Technology, 2002 aA research submitted in partial fulfillment of the requirements for the degree of Master of Business and Administration, School of Management aIn emerging market, individual investors face a lot of risks, especially information risks. Because of these risks, the investors could not behave consistently with true value of information. One of the biggest reasons is lack of the effective communication between the listed companies and investors. Using a database of daily return, this research investigates the reaction of stock price to firm-specific information. Moreover, interviews concerning people and a survey on individual investors were conducted in order to examine the behaviours of Vietnamese individual investors, risks that they face and the IR activities of listed companies. Main finding indicates that the reaction of stock price to firm-specific information is considerably delayed or inexistent. The individual investors mostly behave upon their psychological movements. The listed companies do not concern much about investor communication activities. Therefore, investors cannot either access to information, or have enough information or assess correctly. Finally, a dedicated IR program is designed for listed companies, based on the findings from this research.10aStock exchangeszVietnam10aInvestmentszVietnam1 aDeussen, Arne,eChairperson1 aRamachandran, Neelakantan., eExamination committee1 aTang, John C.S.,eExamination Committee2 aAIT Government of France, eScholarship Donor2 aAsian Institute of Technology.tResearch studies project report ;vno. SM-02-68 3Full-Textuhttp://203.159.5.9/ait-thesis/detail.php?q=B07974