Unchecked intermediaries: Price manipulation in an emerging stock market

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Institutions and Information Environment of Chinese Listed Firms (2012, background): “Subsequent work suggests that some of the documented momentum effects could also be the result of powerful, speculative investors manipulating stock prices through a so-called “pump and dump” strategy (He and Su, 2009; Khwaja and Mian, 2005).”
THE CRITICAL ANALYSIS OF LIMITED SOUTH ASIAN CORPORATE GOVERNANCE STANDARDS AFTER FINANCIAL CRISIS (2015, background): “Together with the development of financial and stock markets (Khwaja and Mian, 2005) there are some scandals with errors of market manipulation (Allen and Gale, 1992; Chatterjea et al. 1993).”
Do internet stock message boards influence trading? Evidence from heavily discussed stocks with no fundamental news (2011, unknown): “Or, similar to Khwaja and Mian (2005) in which brokers in an emerging market collude in a ‘pump and dump’ stock price manipulation scheme, two or more influential posters may collaborate.”
Bank Ownership and Credit Over the Business Cycle: Is Lending by State Banks Less Procyclical? (2012, unknown): “Importantly, country level studies also sh w that politicians use government bank 4 lending to provide political patronage leading to significant credit misallocation (See for example Cole (2009) for India, Khwaja and Mian (2005) for Pakistan, Carvalho (2010) for Brazil, and Sapienza (2004) for Ital”