Purpose - US studies show significant price effects when shares enter or leave an index during index revisions. Studies on other markets generally yield similar results with smaller price reactions. This study aims to examine the price effects resulting from revisions to the Australian S&P/ASX...

Purpose – US studies show significant price effects when shares enter or leave an index during index revisions. Studies on other markets generally yield similar results with smaller price reactions. This study aims to examine the price effects resulting from revisions to the Australian S&P/ASX...

Purpose -The paper aims to investigate the long-run performance of privatised initial public offerings (IPOs) and their effects on the New Zealand share market (NZSE) and the Australian share market (ASX). Design/methodology/approach -The paper examines the relationship between privatisation and...

Purpose – The paper aims to investigate the long‐run performance of privatised initial public offerings (IPOs) and their effects on the New Zealand share market (NZSE) and the Australian share market (ASX). Design/methodology/approach – The paper examines the relationship between...

This paper attempts to identify potential countries in Europe for direct foreign investment. Correlations of GNP per capita across international borders indicate Bulgaria and Czechoslovakia may qualify. The countries that seem to be in the best position to make the investment include Japan,...