Ejara, Demissew Diro; Nag, Raja; Upadhyaya, Kamal P. - In: Applied Financial Economics 22 (2012) 6, pp. 437-443
This article analyses stock market reactions to election polls. Stock markets anticipate the impact of events on future cash flows. Current values depend on future cash flows and risk prospects. We posit that election polls are indications of the political platforms that are expected to win...
