Pullen, Daniel; Gannon, Gerard - Deakin University, Faculty of Business and Law, School … - 2007
This paper examines the stock price and volume effects surrounding the announcement of constituent changes to the S&P/ASX 200 and four supplementary indices. Between April 2000 and December 2002 additions to (deletions from) the ASX 200 were associated with a significant price rise (fall) over...