This paper examines the stock market impact of announcements of corporate bond rating revisions for companies in the United Kingdom (UK) and in Australia. Investigating the market reaction to bond rating changes by Moody's and Standard & Poor's, our findings reveal similar results for downgrade...

The shares of BP plc and its subcontractors were rocked when the financial markets discovered the true impact of the Deepwater Horizon explosion as reported in the Wall Street Journal on 22 April 2010. While we track the impact of the disaster on share prices of the key participants, perhaps the...

This study investigates the relation between acquiring firm director trading (net sales, net purchases or no trade) and share market reaction to merger and acquisition announcement (M&A). This provides an initial sample of 658 M&A announcements by Australian acquiring firms between 2003 and...