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We document a striking positive stock price reaction to the announcement of corporate name changes to Internet related dotcom names. This quot;dotcomquot; effect produces cumulative abnormal returns on the order of 74% for the ten days surrounding the announcement day. The effect does not appear...
Persistent link: https://www.econbiz.de/10012710520
We document a striking positive stock price reaction to the announcement of corporate name changes to Internet related dotcom names. This dotcom effect produces cumulative abnormal returns on the order of 74% for the ten days surrounding the announcement day. The effect does not appear to be...
Persistent link: https://www.econbiz.de/10012752843
We examine whether mutual funds change their names to take advantage of current hot investment styles, and what effects these name changes have on inflows to the funds, and to the funds' subsequent returns. We find that the year after a fund changes its name to reflect a current hot style, the...
Persistent link: https://www.econbiz.de/10005296039
Persistent link: https://www.econbiz.de/10005286197
We investigate the effects of conditional name changes in the mutual fund industry. Specifically, we examine whether mutual funds change their names to take advantage of the current hot investment styles, and what effects these name changes have on the flows in and out of the funds, and to the...
Persistent link: https://www.econbiz.de/10012738969
We investigate stock price reactions to Internet related name changes in a market downturn. In contrast to the Internet boom period, during which there was a surge of dot.com additions, in the bust period, there is a dramatic reduction in the pace of dot.com additions accompanied by a rapid...
Persistent link: https://www.econbiz.de/10012750726
We investigate stock price reactions to Internet related name changes in a market downturn. In contrast to the Internet boom period, during which there was a surge of dot.com additions, in the bust period, there is a dramatic reduction in the pace of dot.com additions accompanied by a rapid...
Persistent link: https://www.econbiz.de/10012710299
We examine whether mutual funds change their names to take advantage of current hot investment styles, and what effects these name changes have on inflows to the funds, and to the funds' subsequent returns. We find that the year after a fund changes its name to reflect a current hot style, the...
Persistent link: https://www.econbiz.de/10012785088
Persistent link: https://www.econbiz.de/10006562075
We examine a sample of 254 related party and arms' length acquisitions and sales of assets in Hong Kong during 1998-2000. Our analysis shows that publicly listed firms enter deals with related parties at unfavourable prices compared to similar arms' length deals. Firms acquire assets from...
Persistent link: https://www.econbiz.de/10005213003