Results 11 to 20 of about 341 (240)
Noise from online discussion forums: Evidence from IPOs in China
China Journal of Accounting Research, 2021 In this study, we use initial public offerings (IPOs) in China to investigate how online stock forums influence information asymmetry and IPO valuation. The empirical analysis isolates the underpricing and overvaluation components of initial returns. The
Qingqing Fei
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The Impact of Stock Overvealuation on Abnormal Stock Returns and their Volatility over Time [PDF]
مطالعات تجربی حسابداری مالی, 2015 This study examines the impact of stock overvaluation on abnormal stock returns and their volatility over time in listed companies of Tehran Stock Exchange.
علی قاسمی +1 more
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Is the Stock Market Overvalued: A Study in the Context of Bangladesh? [PDF]
Asian Business Review, 2012 The primary objective of this paper is to analyze if the Market overvalued. We studied prices of 17 actively companies in the Market from 2006 to 2010 and used three Valuation Ratios with an explicit corporate sector along with overall market index data and found that the Stock Marke overvalued. The analysis was completed in two stages.
Abdullah, Mohammad Nayeem +3 more
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China Journal of Accounting Research, 2022 This paper tests how market misvaluation affects corporate innovation. Unlike the “catering effect” observed in the US, we find that estimated stock overvaluation in China is strongly negatively associated with corporate innovation, conforming to our ...
Danglun Luo +3 more
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Borsa Istanbul Review, 2023 Behavioral theories suggest that overconfident investors overestimate the quality of their information and underestimate risk. They have a high demand for risky assets and require a lower risk premium, causing asset prices to rise and leading to ...
Ruqayya Aljifri
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International Journal of Financial Studies, 2022 Most of the growth forecasts in analysts’ evaluation reports rely on human judgment, which leads to the occurrence of bias. A back-propagation neural network (BPNN) is a financial technique that learns a multi-layer feedforward network.
Yi-Chang Chen +4 more
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Acquisitions Driven by Stock Overvaluation: Are They Good Deals?
SSRN Electronic Journal, 2010 Theory and recent evidence suggest that overvalued firms can create value for shareholders if they exploit their overvaluation by using their stock as currency to purchase less overvalued firms. We challenge this idea and show that, in practice, overvalued acquirers significantly overpay for their targets.
FU, Fangjian +2 more
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IPO initial returns in China: Underpricing or overvaluation?
China Journal of Accounting Research, 2014 This paper separates the amount of IPO underpricing (primary market underpricing) and overvaluation (secondary market overvaluation) from the value of an IPO’s initial return to evaluate the relative importance of these two factors and their main ...
Shunlin Song, JinSong Tan, Yang Yi
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Determinants of currency crises in the Republic of Serbia [PDF]
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2019 The aim of this study is to overcome the lack of empirical research dealing with the main factors of currency crises in the Republic of Serbia, analyzing periods of currency crises and creating an early warning system to anticipate the upcoming currency ...
Ivana Marjanović, Milan Marković
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Technological and Economic Development of Economy, 2018 A wave of mergers and acquisitions (M&A) has been consistently rising among the China’s ChiNext companies over the past years, which has drawn great attention across academia and industry.
Xin Xu, Yong-jin Liang, Shun-lin Song
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