This paper analyzes stock market reactions to election polls. Stock markets anticipate the impact of events on future … cash flows. Current values depend on future cash flows and risk prospects. We posit that election polls are indications of … election, we hypothesize that stock market reacts negatively to the prospect of Barack Obama winning the election. We test this …

Election results may influence corporate performance by general changes in government spending and tax changes. In … participants will incorporate expectations about political change into stock prices prior to an election and adjust their opinion … according to the actual decision making following the election. To date, we do not know whether both the Republican and …

This paper examines the relationship between the Toronto Stock Exchange (TSE) and election polls during the 1988 … Canadian General Election campaign. Two hypotheses are investigated: first, did polls influence the TSE, and secondly, if so …