Similar Search Results

Market reactions to supply chain management excellence

Shi, Min; Yu, Wei - In: Journal of risk and financial management : JRFM 11 (2018) 4, pp. 1-10

A highly-respected public recognition of supply chain management (SCM) excellence is the Supply Chain Top 25 List, published annually by AMR Research. By employing event study method, this study extensively examined stock market reactions to annual announcements of the AMR Supply Chain Top 25...

Persistent link: https://www.econbiz.de/10011961370

The Impact of vertical theories of harm on investor returns : an event study of US vertical mergers

Sonenshine, Ralph; Da, Seyni - In: Journal of risk and financial management : JRFM 15 (2022) 7, pp. 1-19

The welfare implications of vertical mergers have been a subject of disagreement for decades. Similar to horizontal … mergers, economists need to weigh the efficiency gains relative to the market power concerns when considering the competitive … effects of vertical mergers. However, in vertical mergers, regulators are also concerned with other potential harmful effects …

Persistent link: https://www.econbiz.de/10013370976

The effect of industry restructuring on peer firms

Holcomb, Alex; Mason, Paul - In: Journal of risk and financial management : JRFM 14 (2021) 5, pp. 1-25

We study the bond price reaction of a merged firms peers, in order to better understand how the market responds to a restructuring. We argue that a merger announcement may signal the possibility of a merger wave to the industry, and in doing so, increase the conditional probability that peer...

Persistent link: https://www.econbiz.de/10012534527

Cross-border acquisitions and shareholders’ wealth : the case of the Indian pharmaceutical sector

Wajid, Abdul; Sabiha, Anjim; Akhtar, Shakeb; Tabash, … - In: Journal of risk and financial management : JRFM 15 (2022) 10, pp. 1-17

Cross-border acquisitions by Indian companies have increased tremendously, especially during the last two decades, and …-border acquisitions and shareholders’ wealth in the Indian pharmaceutical sector. For this purpose, the data related to acquisitions were … current research prescribe that cross-border acquisitions have a positive and significant impact on shareholders’ wealth …

Persistent link: https://www.econbiz.de/10013471449

Mergers and acquisitions (M&AS) by R&D intensive firms

Dutta, Shantanu; Kumar, Vinod - In: Journal of risk and financial management : JRFM 2 (2009) 1, pp. 1-37

difficulties of a target by an R&D intensive firms and suggests that investor might be skeptical of such acquisitions and react …

Persistent link: https://www.econbiz.de/10011556072

Mean reversions in major developed stock markets : recent evidence from unit root, spectral and abnormal return studies

Nguyen, James; Li, Wei-Xuan; Chen, Clara Chia Sheng - In: Journal of risk and financial management : JRFM 15 (2022) 4, pp. 1-20

We revisited the issue of return predictability in three major developed markets (USA, UK and Japan) using a unique dataset from the Wharton Research Data Services database and a comprehensive set of traditional and recent statistical methods. We specifically employed a variety of traditional...

Persistent link: https://www.econbiz.de/10013272993

Is there any witching in the cryptocurrency market?

Plastun, Alex; Khomutenko, Ludmila; Bashlai, Serhii - In: Journal of risk and financial management : JRFM 15 (2022) 2, pp. 1-14

This paper explores price effects caused by the expiration of derivatives in the cryptocurrency market. Applying different statistical tests (ANOVA, Mann-Whitney, and t-tests) and econometric methods (the modified cumulative abnormal return approach, regression analysis with dummy variables, and...

Persistent link: https://www.econbiz.de/10012888243

Market misreaction? : evidence from cross-border acquisitions

Krishnan, CNV; Wu, Jialun - In: Journal of risk and financial management : JRFM 15 (2022) 2, pp. 1-19

-implications of cross border mergers and acquisitions, as at the time of their announcements? We examine acquirers’ operating … dataset of cross-border mergers and acquisitions (M&A) entailing U.S. acquirers over the period 1990-2013, and using a … careful interpreting the announcement-period stock-price reaction in cross-border mergers and acquisitions as indicative of …

Persistent link: https://www.econbiz.de/10012888263

Impact of COVID-19 on the stock market by industrial sector in Chile : an adverse overreaction

González, Pedro Antonio; Gallizo Larraz, José L. - In: Journal of risk and financial management : JRFM 14 (2021) 11, pp. 1-24

This paper studies the reaction of share prices in the Chilean securities market at the sectoral level to the arrival of COVID-19 in the country. The following question is answered: Did the Chilean market act efficiently before the arrival of COVID-19? To answer this question, an event study...

Persistent link: https://www.econbiz.de/10012795921

Editorial for applied econometrics

Chang, Chia-Lin - In: Journal of risk and financial management : JRFM 13 (2020) 9/187, pp. 1-5

, information in earnings forecasts, nonlinear time series modeling, a systemic approach to management control through determining …

Persistent link: https://www.econbiz.de/10012386882