,000 publicly listed European firms over 2011-21 to study the impact of carbon policy on stock returns. After extracting the … surprise component of regulatory actions, we show that events resulting in a higher carbon price lead to negative returns for …

Saudi Arabia and Kuwait. The paper utilizes a model that accounts for foreign factors affecting inflation, such as trading …

of futures prices. Efficiency of the market is analysed in terms of the expected excess returns to speculation in the …

returns of 290 percent exceed those found in the existing literature for both developed and emerging markets IPOs. Although … the IPOs' returns over the one-year horizon beat the market index benchmark, they present negative abnormal returns once … initial returns are excluded, which is consistent with findings in other industrial and emerging markets. The empirical models …

individual bank returns has not yet been developed. This paper proposes an extension of the so-called CoVaR measure that captures …