Similar Search Results

Testing weak form of stock market efficiency at the Macedonian stock exchange

Angelovska, Julijana - In: UTMS journal of economics / University of Tourism and … 9 (2018) 2, pp. 133-144

The efficient market research to date has focused mostly on the developed stock markets. To be efficient the market needs to be large and liquid, transaction costs should be cheaper than the expected investment strategy profits and Macedonian capital market as a developing market is...

Persistent link: https://www.econbiz.de/10012178440

Chapter 20 Human behavior and the efficiency of the financial system

Shiller, Robert J. - In: Handbook of macroeconomics : volume 1, part C, (pp. 1305-1340). 1999

Recent literature in empirical finance is surveyed in its relation to underlying behavioral principles, principles which come primarily from psychology, sociology, and anthropology. The behavioral principles discussed are: prospect theory, regret and cognitive dissonance, anchoring, mental...

Persistent link: https://www.econbiz.de/10014024220

Mergers and Acquisitions Transactions Strategies in Diffusion - Type Financial Systems in Highly Volatile Global Capital Markets with Nonlinearities

Ledenyov, Dimitri - 2015

The M&A transactions represent a wide range of unique business optimization opportunities in the corporate transformation deals, which are usually characterized by the high level of total risk. The M&A transactions can be successfully implemented by taking to an account the size of investments,...

Persistent link: https://www.econbiz.de/10013028661

Strategies on Initial Public Offering of Company Equity at Stock Exchanges in Imperfect Highly Volatile Global Capital Markets with Induced Nonlinearities

Ledenyov, Dimitri - 2015

This research considers the strategies on the initial public offering of company equity at the stock exchanges in the imperfect highly volatile global capital markets with the nonlinearities. We provide the IPO definition and compare the initial listing requirements on the various markets. We...

Persistent link: https://www.econbiz.de/10013026463

Market efficiency and news dynamics : evidence from international equity markets

Chiang, Thomas C. - In: Economies : open access journal 7 (2019) 1/7, pp. 1-17

This paper examines the efficient market hypothesis by applying monthly data for 15 international equity markets. With the exceptions of Canada and the U.S., the null for the absence of autocorrelations of stock returns is rejected for 13 out of 15 markets. The evidence also rejects the...

Persistent link: https://www.econbiz.de/10012020659

The Effect of Mergers and Acquisitions on Companies’ Fundamental Values in Emerging Capital Markets (The Case of BRICS)

Luzina, Daria - 2015

The study is aimed at the assessment of the effect of mergers and acquisitions on the fundamental value of acquiring companies in BRICS countries. The approach based on the residual income model was applied. The pre-acquisition expected fundamental value of the acquiring company and its realized...

Persistent link: https://www.econbiz.de/10013012583

Going public in China : reverse mergers versus IPOs

Lee, Charles M. C.; Qu, Yuanyu; Shen, Tao - 2018 - This draft: July 17, 2018

We study firms that go public through reverse mergers (RMs) versus initial public offerings (IPOs) in China. Using a manually assembled data set, we show that pre-listing RM firms are larger, more profitable, and less politically connected than pre-listing IPO firms. Chinese RM firms also have...

Persistent link: https://www.econbiz.de/10011979947

The impact of a takeover bid on the capital market efficiency

Knezovic, Anita; Culjak, Maria - In: UTMS journal of economics / University of Tourism and … 9 (2018) 2, pp. 109-120

The impact of the announcement of a takeover bid has been widely tested in foreign literature. Therefore, the main goal … of this paper is to research the impact of the announcement of a takeover bid on the share price movements in the … takeover bid affects the share prices of the target company, which is consistent with the results of previous research …

Persistent link: https://www.econbiz.de/10012178422

On the modeling of financial time series

Kutergin, Aleksey; Filimonov, Vladimir - In: Financial econometrics and empirical market microstructure, (pp. 131-151). 2015

Persistent link: https://www.econbiz.de/10011326692

Financial disclosure, investor protection and stock market behavior : an international comparison

Jirasakuldech, Benjamas; Dudney, Donna M.; Zorn, Thomas S. - In: Review of quantitative finance and accounting 37 (2011) 2, pp. 181-205

Persistent link: https://www.econbiz.de/10009271474

1
2
3
4
5
6
7
8
9
10
Next
Last