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Shareholders' wealth has become an important concept among investors in the globalized economy. Investors who have a … variety of options will be interested in evaluating the performance of corporate sector in terms of shareholders' wealth … before making any investments. Shareholders' wealth is measured in terms of Economic Value-Added (EVA). The present study …
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Releases of key macroeconomic indicators are closely watched by financial markets. We investigate the role of expectation dispersion and economic uncertainty for the stock-market reaction to indicator releases. We find that the strength of the financial market response to news decreases with the...
Persistent link: https://www.econbiz.de/10012404549
Releases of key macroeconomic indicators are closely watched by financial markets. We investigate the role of expectation dispersion and economic uncertainty for the stock-market reaction to indicator releases. We find that the strength of the financial market response to news decreases with the...
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