Do Stock Prices Incorporate the Potential Dilution of Employee Stock Options? [PDF]
Employee stock options represent a significant potential source of dilution for many shareholders. It is well known that reported earnings tend to understate the associated costs, but an efficient stock market will show no such bias. If by contrast stock
Gerald T. Garvey, Todd T. Milbourn
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The impact of political connections on Chinese listed firms : a thesis presented in fulfilment of the requirements for the degree of Doctor of Philosophy in Finance at Massey University, Palmerston North, New Zealand [PDF]
, 2016 This thesis investigates the impact of a new type of “princeling” political connection on Chinese listed companies. Three specific issues are examined through three interconnected essays: characteristics of “princeling” politically connected firms (PCFs)
Chen, XiaoQi
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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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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
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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
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Corporate campaign contributions and abnormal stock returns after presidential elections [PDF]
In the U.S. campaign contributions by companies play a major role in financing election campaigns. We analyze contributions by companies before an election and stock market performance after the election for the presidential elections from 1992 until ...
Juergen Huber, Michael Kirchler
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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
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Analisis Perbandingan Abnormal Return dan Likuiditas Saham Sebelum dan Sesudah Stock Split [PDF]
, 2014 This study aims to determine differences in abnormal returns and liquidity of shares before-after stock split at companies listed Indonesian Stock Exchange.
Elistarani, P. R. (Putu) +1 more
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Explaining Abnormal Returns in Stock Markets: An Alpha-Neutral Version of the CAPM
SSRN Electronic Journal, 2018 This paper develops a behavioural asset pricing model in which traders are not fully rational as is commonly assumed in the literature. The model derived is underpinned by the notion that agents’ preferences are affected by their degree of optimism or pessimism regarding future market states.
Francesco Rocciolo +2 more
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Earnings Quality and Stock Returns. [PDF]
بررسیهای حسابداری و حسابرسی, 2008 In this article we investigated the role of accruals in interpreting earnings quality in Tehran Stock Exchange (TSE), and the relation between earnings quality based on accruals and it's components with normal and abnormal returns By using data from TSE
محمد حسین قائمی +2 more
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