Results 51 to 60 of about 9,090 (194)
How Does the Stock Market React to the Carbon Policy? The Chinese Experience During 2014–2022
ABSTRACT As countries around the world move towards carbon neutrality, firms are facing new challenges of policy uncertainty. China is an interesting place to explore this, as it is the largest carbon emitter and is taking strong steps towards carbon neutrality after the Paris Agreement.
Sarula Bai, Cheol‐Won Yang
wiley +1 more source
IPO Post-Issue Markets: Questionable Predilections But Diligent Learners? [PDF]
There appear to be no anomalies in the aftermarket of a sample of 4,848 U.S. IPOs over the period 1975 to 1995, except issues offered below $6. Risk is priced in the aftermarket in accordance with Rubin-stein's asset-pricing model.
Bossaerts, Peter, Hillion, Pierre
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Social Media, Traditional News and Stock Returns: A Causal Mediation Analysis
ABSTRACT Increasing computing power and access to the internet have amplified the role of social media and online news media on financial market outcomes. However, these two sources of information are intertwined in such a way that information flows between them.
Kingstone Nyakurukwa, Yudhvir Seetharam
wiley +1 more source
Decision‐Making in M&A Under Market Mispricing: The Role of Deep Learning Models
ABSTRACT In the ever‐evolving landscape of financial markets, mergers and acquisitions (M&A) play a pivotal role in shaping the corporate ecosystem. However, the presence of market mispricing, driven by various factors such as information asymmetry, behavioral biases, and external shocks, has been a persistent challenge for investors and corporations ...
Yuxuan Tang
wiley +1 more source
Predictability of Asset Returns and the Efficient Market Hypothesis [PDF]
This paper is concerned with empirical and theoretical basis of the Efficient Market Hypothesis (EMH). The paper begins with an overview of the statistical properties of asset returns at different frequencies (daily, weekly and monthly), and considers ...
Pesaran, Hashem
core +3 more sources
This study examines the influence of emojis, recognized as a distinct form of communication, on the efficient market hypothesis (EMH) within the Bitcoin market over a 12-year period.
Fang Wang +3 more
doaj +1 more source
Market efficiency and the Euro: the case of the Athens Stock Exchange [PDF]
The efficient market hypothesis (EMH) is tested in the case of the Athens Stock Exchange (ASE) after the introduction of the euro. The underlying assumption is that stock prices would be more transparent; their performance easier to compare; the ...
Panagiotidis, T
core +1 more source
Examining the Financial Impact of Biodiversity‐Related Reputational Disasters
ABSTRACT This research investigates the reaction of financial markets to biodiversity‐related corporate events, utilising an EGARCH model to assess the implications on stock returns and volatility. Results reveal that markets significantly respond to these events, demonstrating heightened sensitivity and volatility that underscore the financial ...
Erdinc Akyildirim, Shaen Corbet
wiley +1 more source
Market efficiency assessment for multiple exchanges of cryptocurrencies [PDF]
Purpose – This study aims to analyze the efficient market hypothesis (EMH) of cryptocurrencies on multiple platforms by observing whether there is a discrepancy in the levels of efficiency between different exchanges.
Orlando Telles Souza +1 more
doaj +1 more source
The behaviour of stock markets in transition economies : is there a transition effects? [PDF]
In the paper we investigate the properties of the stock markets in six transition economies: Slovenia, Hungary, Poland, Russia, Slovakia and the Czech Republic.
Jagrič, Timotej +2 more
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