Antunovich, Peter (contributor); Sarkar, Asani (contributor) - 2003 - [Elektronische Ressource]
higher one year after the event,
compared to a sample of stocks matched on size, the book-to-market ratio and liquidity in … the
pre-event year. For the Nasdaq picks, returns and shares outstanding are also higher one year
after the event …
or volatility reductions on the event day. In Dow (2002), illiquidity derives from asymmetric
information and multiple …