Variables

Definitions

Data Source

$lcp$

Logarithm of closed price per share

Mongolian Stock Exchange website, http://www.mse.mn

$lbv$

Logarithm of book value per share of equity

$lxta$

Logarithm of abnormal earnings

$Lvl$

Dummy variable for companies with shares listed for trading in Classification 1 of the MSE

$Undgov$

Dummy varaible for companies under government control

$Share$

Percent holding of the largest holder of common shares