We study investors' perceptions of inflation through the lens of a high-frequency event study and document that they have a stagflationary view of the world. In response to higher-than-expected inflation, investors expect firms' nominal cash flows to remain stagnant while discount rates...

Based on the data of companies listed on A-share market from the year 2001 to 2009, this paper measures product market power and the information content of stock price by using an event study method. Then I explore the relationship between product market power, corporate governance and the...