Results 91 to 100 of about 13,047 (306)
Stock Market Reactions to Climate Risk Events: A Systematic Literature Review and Research Agenda
Business Strategy and the Environment, EarlyView.ABSTRACT As global warming intensifies, climate risks' impact on firm value has become a critical concern for academia and investors. This systematic literature review analyzes 50 event studies in this research field, classifying them by climate risk type.
Mario Schuster, Rainer Lueg
wiley +1 more source
Abnormal Returns and Stock Performance Prior and after Federal Holidays
Review of Financial EconomicsAbstract Using De Bondt and Thaler's abnormal returns model with data from the New York Stock Exchange from 2014 to 2024 and the Standard and Poor's 500 Index, this paper finds that statistically significant positive abnormal returns are possible with respect to certain U.S. federal holidays, which are Martin Luther King Jr.
Nikolas L. Albertson +3 more
openaire +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT Research on ESG controversies has expanded rapidly, but findings remain fragmented and lack a unifying perspective. This study conducts a PRISMA‐guided, framework‐based systematic review of 68 empirical articles published between 2018 and 2025 (May) to synthesize the main determinants and consequences of ESG controversies.
Cristina Alexandrina Ştefănescu +1 more
wiley +1 more source
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
Signaling the Characteristics of Business Combinations and Abnormal Stock Returns
BAR: Brazilian Administration ReviewObjective: to examine the effect of signaling the characteristics of business combinations through material facts on the abnormal returns of companies listed on the Brazilian stock exchange.
Juliane Pacheco, Suliani Rover
doaj +1 more source
Effect of brand value announcements on stock returns: empirical evidence from Turkey
Journal of Business Economics and Management, 2016 This study examines the effects of brand value announcements on stock returns of Turkish firms by using the event study methodology and long-term risk adjusted port-folio returns.
Pinar Basgoze +2 more
doaj +1 more source
Does Climate Risk Affect Employment Decisions? International Evidence
Business Strategy and the Environment, EarlyView.ABSTRACT This study investigates the effect of climate risk on corporate employment decisions. Using a large sample from 41 countries, we find a positive association between climate risk and underinvestment in labor, notably manifesting as excessive employee layoffs.
Claude Francoeur +3 more
wiley +1 more source
A generalized method for detecting abnormal returns and changes in systematic risk [PDF]
The authors generalize traditional event-study techniques to allow for event-induced parameter shifts, shifting variances, and firm-specific event periods.
Ken B. Cyree, Ramon P. DeGennaro
core
Investor Perceptions of Climate Policy: Insights From the US Inflation Reduction Act
Business Strategy and the Environment, EarlyView.ABSTRACT This paper provides the first event study evidence on how the Inflation Reduction Act's (IRA) dedicated climate provisions reshaped equity valuations in the US carbon‐intensive sectors. Focusing on environmentally sensitive industries (ESI), we analyze cumulative abnormal returns around the four key IRA milestones in 2022–2023.
Laura Ferraro +3 more
wiley +1 more source
Behaviour of Share Prices Around Ex-Split Day of Stock Splits in India
Ramanujan International Journal of Business and Research, 2019 Stock split is a corporate decision in which company divides face value of the equity share into more than one unit. Theoretically stock splits should not have any effect on share prices and stock returns.
Ms. Anjali Gupta +1 more
doaj +1 more source