Purpose - This paper investigates whether the macroeconomic factors affect the firm stock returns volatility differently depending on their location in different sectors. For this purpose, daily financial time-series data for 683 firms located in nine US sectors for the period of 2000 to 2017...

Purpose: The purpose of this paper is to examine the determinants of capital structure using a dataset of firms in Malaysia. Design/methodology/approach: This paper carries out a panel data analysis of 8,270 observations from 827 listed non-financial firms on the Malaysia stock market over the...

The purpose of current study is to review the key empirical and theoretical papers regarding the impact of terrorism event on the equity returns of developed and developing countries. Furthermore, the current study aimed at comparing the differential effects of terrorism events on developed and...

This paper examines the stock market impact of announcements of corporate bond rating revisions for companies in the United Kingdom (UK) and in Australia. Investigating the market reaction to bond rating changes by Moody's and Standard & Poor's, our findings reveal similar results for downgrade...