Results 71 to 80 of about 13,047 (306)
: The purpose of this research is to examine differences between abnormal returns before and after Idul Fitri holidays on Jakarta Islamic Index stock (JII) compared with shares is not including the Jakarta Islamic Index stock (Non JII).
Hasanuddin Hasanuddin
doaj
Brazilian Market Reaction to Equity Issue Announcements [PDF]
We have carried out an event study to investigate stock returns associated with the announcement of equity issues by Brazilian firms between 1992 and 2003 in order to determine market reaction before, during, and after the issue announcement.
Otavio Ribeiro de Medeiros +1 more
doaj
ABSTRACT This study investigated whether superior environmental, social, and governance (ESG) practices enhance corporate value and market efficiency under various economic theories. Using a multi‐country panel of 31 economies from 2015 to 2022, we find that both ESG performance and disclosure improve intrinsic value and mitigate equity misvaluation ...
Xinyu Wang +5 more
wiley +1 more source
This paper analyzes the entire distribution of stock market returns/volatility in five emerging markets (ASEAN5) and figures out the conditional distribution of the CHI_EPU index.
Mohib Ur Rahman, Irfan Ullah, Aurang Zeb
doaj +1 more source
Estimating the Returns to Insider Trading [PDF]
This paper estimates the returns to insiders when they trade their company’s stock. We first construct a rolling "purchase portfolio" that holds all shares purchased by insiders for a six-month period, and an analogous "sale portfolio" that holds all ...
Andrew Metrick +2 more
core
Empirical evidence on the determinants of the stock market reaction to product and market diversification announcements [PDF]
The announcement of product and market diversification projects lead to significant abnormal returns of 1.1%. However, the gains are higher for new products than for new markets, and for companies with high price-earnings ratios and low (or zero ...
Edward Jones +6 more
core +1 more source
Climate Change Risks and Customer Concentration: Evidence From US‐Listed Firms
ABSTRACT While prior studies have investigated climate risks in supply chains, customer ESG pressures, and shared climate exposure, this paper is, to the best of our knowledge, the first to provide direct empirical evidence on the relationship between climate change risks and firms' customer concentration.
Thi Thuy Trang Nguyen +2 more
wiley +1 more source
Optimal Stock Trading with Personal Taxes: Implications for Prices and the Abnormal January Returns [PDF]
The tax law confers upon the investor a timing option--to realize capital losses and defer capital gains. With the tax rate on long term capital gains and losses being about half the short term rate, the tax law provides a second timing option--to ...
George M. Constantinides
core
ABSTRACT This study examines the relationship between mergers and acquisitions (M&A), board characteristics, and ESG performance in BRICS companies, considering the moderating role of sectoral sensitivity. The study analyzes 11,402 observations from 2293 BRICS companies, employing Two‐Stage Least Squares (2SLS) to address endogeneity and logistic ...
Geovane Camilo dos Santos +2 more
wiley +1 more source
The Stock Performance of America’s 100 Best Corporate Citizens [PDF]
This study considers the stock performance of America’s 100 Best Corporate Citizens following the annual survey by Business Ethics. We examine both possible short-term announcement effects around the time of the survey’s publication, and whether longer ...
Chris Brooks +2 more
core

