Stock Market Predictability in the MENA: Evidence from New Variance Ratio Tests and Technical Trade Analysis [PDF]
The objective of this paper is to test for predictability in the Middle-Eastern North African (MENA) markets by investigating both the weak-form efficiency hypothesis (WFEMH) and the presence of abnormal returns.
Brian M Lucey, Thomas Lagoarde Segot
core
Shareholder Lock-In Contracts: Share Price and Trading Volume Effects at the Lock-In Expiry [PDF]
This paper unveils the diversity in lock-in agreements of firms listed on the Nouveau Marche stock exchange in France.We give the main economic reasons why shareholders adopt lock-in agreements that are more stringent than legally required.We relate the ...
Angenandt, P.P. +2 more
core +1 more source
The Really Long-Run Performance of Initial Public Offerings: The Pre-NASDAQ Evidence [PDF]
Financial economists in recent years have closely examined and intensely debated the performance of initial public offerings using data after the formation of NASDAQ. The paper seeks to shed light on this controversy by undertaking a large, out-of-sample
Josh Lerner, Paul A. Gompers
core
Stock Prices in a Speculative Market: The Chinese Split-Share Reform [PDF]
In 2005-2006 China reformed its stock market by eliminating non-tradable shares. The regulator set general guidelines and then assigned responsibility for implementation to each company. We derive relations that should have been followed by the prices of
Andrea Beltratti +2 more
core
Reaction of Stock Prices to Dividend Announcements and Market Efficiency in Pakistan
Lahore Journal of EconomicsThis study tests the semi-strong form of market efficiency by investigating the reaction of stock prices to dividend announcements. It analyzes cash, stock, and simultaneous cash and stock dividend announcements of 79 companies listed on the Karachi ...
Muhammad Akbar, Humayun Habib Baig
doaj
Corporate Reputation and Stock Returns; are good firm good for investors? [PDF]
This paper employs a unique dataset from the UK based on ten years of surveys of company directors and analysts conducted for Management Today to examine the relationship between a firm’s reputation and the returns on its shares.
Chris Brooks +2 more
core
Delay, deny, and defend: Public outrage at health insurance companies and stock market debacle. [PDF]
PLoS OneLi C, Dutta M, Duo J, Dutta S.
europepmc +1 more source
One For All or All For One? Using Multiple-listing Information in Event Studies [PDF]
In an event study where at least some of the sample firms have their equity securities listed in more than one market, the question arises as to which is the most appropriate market (or markets) to use for the purpose of estimating mean abnormal returns.
Lulu Gu, W. Robert Reed
core
Regional asymmetry in financial markets: Pricing of skewness risk in the Thai stock market. [PDF]
PLoS OneHuynh TT, Khoa BT.
europepmc +1 more source
The influence of investor sentiment on the Chinese stock market amid COVID-19: An event study analysis. [PDF]
PLoS OneSun Y, Yang C.
europepmc +1 more source