Showing 1 - 10 of 38
In the recent years, the US and the EC have witnessed the adoption of new regulations focused on financial analysts. This study investigates whether the European regulations, known as the Market Abuse Directive (MAD) changed the distribution of recommendations and increased their credibility...
Persistent link: https://www.econbiz.de/10008793157
In the defence industry the recent development of a 'market for technology', the creation of new European high-technology companies as well as transformations in government agencies have driven firms to reposition their technological and organizational skills. Our objective is to show that the...
Persistent link: https://www.econbiz.de/10010898594
In the defence industry the recent development of ‘market for technology', the creation of new European high-technology companies as well as transformations in government agencies have conducted firms to reposition their technological and organisational skills. Our objective is to show that...
Persistent link: https://www.econbiz.de/10008791082
This paper aims to study the impact of macroeconomic announcements on stock returns. More specifically, it intends to measure the average response of the French stock market and to provide some theoretical explanations regarding the sources of this reaction. Using intraday data, the study shows...
Persistent link: https://www.econbiz.de/10010929973
In this study, we attempt to shed some light on the effects of SWF investment activities by analyzing the short-term impact of SWF investments on the performance of those companies in which they invest. We collect both direct and indirect data on equity investments for each SWF. The sample...
Persistent link: https://www.econbiz.de/10009399192
This paper investigates the relative importance of different types of news in driving significant stock price changes of firms in the defense industry. We implement a systematic event study with a sample of the 58 largest publicly listed companies in the defense industry, over the time period...
Persistent link: https://www.econbiz.de/10010750506
In this paper, we examine the stock market reaction to industrial disasters. We consider an original sample of 64 explosions in chemical plants and refineries worldwide over the period 1990-2005. A quarter of the accidents resulted in a toxic release, and half of them caused at least one death...
Persistent link: https://www.econbiz.de/10010635087
This paper aims to advance in the knowledge of the economic impacts of ISO 50001 certification on firms' performance. The study hypothesizes that ISO 50001 is associated with improvements in market value of firms. We employ, on one hand, event study methodology for a sample of 40 companies...
Persistent link: https://www.econbiz.de/10010821272
We consider a framework à la Wirl (1994) where political liberalization is the outcome of a lobbying differential game … particular, it is shown that the cost of lobbying might be significantly increased under uncertainty with respect to the …
Persistent link: https://www.econbiz.de/10010933899
Le lobbying auprès des décideurs publics est une pratique managériale de plus en plus courante mais encore peu étudiée …. A cet effet, une étude empirique est menée sur 679 actions de lobbying (également appelées actions politiques) qui sont … structuration du phénomène du lobbying des entreprises : cinq stratégies types (que l'on peut décrire et illustrer) existent pour …
Persistent link: https://www.econbiz.de/10009322678