Ashraf, Ayesha; Hassan, M. Kabir; Abbas, Khurram; … - In: Journal of Financial Crime 27 (2020) 1, pp. 258-273
Purpose: This paper aims to examine the impact of general elections on the stock returns of the politically connected group affiliated firms of Pakistan. Design/methodology/approach: This study uses the market model to assess the impact of political connections (PCs) on abnormal stock returns,...