Analyzing over 97,000 price target valuations from 2005-2020, we find analysts’ judgments reflect over four times more pessimism per dollar of negative earnings news for Non-White CEO firms, resulting in lower target valuations. These lower target valuations are associated with an increased...

Purpose: This study investigates the implementation of the short selling ban policy imposed by the Italian stock exchange on healthcare stock prices, as a tool to mitigate COVID-19 price effects. Important contributions are in terms of assessing (i) the effect of the temporary short selling ban...

This paper gives an overview of some issues related to market valuation, focusing on the developments on the New York equity markets. The 42.4 p.c. fall in the S&P 500 price index between 24 March 2000 - when it reached its all-time high - and 31 December 2002 is situated in a very long term...