B2B emarketplace announcements and shareholder wealth [PDF]
In the business-to-business (B2B) sector, new supply-chain models within electronic marketplaces (eMarketplaces) offer firms significantly lower procurement costs, increased operating efficiencies, and expanded market opportunities.
Andrew H. Chen, Thomas F. Siems
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Joint venture investments and the market value of the firm [PDF]
, 2004 The impact of Joint Venture announcements on the market value of UK listed companies is examined. Based on a sample of 158 announcements of either joint venture formation or joint venture activities, significant positive market-adjusted abnormal returns ...
Danbolt, J., Jones, E.
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Share buy-backs in Germany overreaction to weak signals? : [Version April 2004] [PDF]
, 2004 This paper investigates the magnitude and the main determinants of share price reactions to buy-back announcements of German corporations. For our comprehensive sample of 224 announcements that took place between May 1998 and April 2003 we find average ...
Hackethal, Andreas +1 more
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Abnormal Returns of Soccer Teams: Reassessing the Informational Value of Betting Odds [PDF]
We analyse the links between soccer match results, bets and stock returns of all listed European soccer teams. Using an event study approach, we measure abnormal returns following wins, ties and losses. Wins are associated with positive abnormal returns,
Massimiliano Castellani +2 more
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Does price react to fixed price tender offer share buyback announcement? [PDF]
, 2006 This paper investigates stock market reactions to share buyback announcements, specifically with the fixed price tender offer mechanism. An event study methodology was used to examine stock price reaction of 30 observations involving 21 listed companies ...
Abdullah, Nur Adiana Hiau +1 more
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THE IMPACT OF SHARES MOVING IN AND OUT OF FTSE/JSE TOP 40 INDEX
Journal of Smart Economic Growth, 2020 This study explored the price reactions of shares moving in and out of Johannesburg Stock Exchange (JSE) Top 40 Index by applying three models to calculate the abnormal returns of the stocks; namely: the market model, the Capital Asset Pricing Model ...
Morotola Pholohane +2 more
doaj
Pseudo Market Timing: Fact or Fiction? [PDF]
The average firm going public or issuing new equity has underperformed the market in the long run. Endogeneity of the number of new issues has been proposed as a potential explanation of this long-run underperformance.
Dahlquist, Magnus, de Jong, Frank
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The Relationship of Diversification Strategy and Value of Cash Holding with Abnormal Returns in Tehran Stock Exchange listed companies [PDF]
مطالعات تجربی حسابداری مالی, 2011 The aim of this study is to investigate the relationship between diversification strategy and cash holding with abnormal return of TSE listed companies.
Hassan Hemati, Zohreh Yosefirad
doaj
Conditional Beta Capital Asset Pricing Model (CAPM) and Duration Dependence Tests [PDF]
This paper uses a sample of 50 companies continuously listed on Main Board of Bursa Malaysia from January 1994 until December 2001 and uses duration dependence tests whilst applying two asset pricing models based on the CAPM; the two Factor Model ...
David E Allen, Imbarine Bujang
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Cross-Country Stock Market Reactions to Major Terror Events: The Role of Risk Perception [PDF]
The extant literature has established that the occurrence of major terrorist events leads to negative abnormal returns not only to the location of the event, but also to third countries.
Konstantinos Drakos
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