After the 2020 U.S. presidential election, counting votes and calling states took more time than usual, particularly in … battleground states. In the days following the election, winning probabilities changed frequently as new results were tabulated …. Based on the sensitivity of stocks to changes in winning probabilities observed before the election, we show how the stock …

. In a large panel of elections around the world, investment is 40% less sensitive to stock prices during election years … compared to non-election years. The decrease in investment-to-price sensitivity appears to be due to stock prices becoming less … informative during election years making them noisier signals for managers to follow. Further, the drop in investment …

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 …

or from a Republican to a Democratic candidate causes stronger stock market effects than re-election or the election of a … returns around the election day. The results are relevant for academics, investors and policy makers alike because they …

. In a large panel of elections around the world, investment is 40% less sensitive to stock prices during election years … compared to non-election years. The decrease in investment-to-price sensitivity appears to be due to stock prices becoming less … informative during election years making them noisier signals for managers to follow. Further, the drop in investment …

variation in policies and institutions, providing a rare natural experiment. Allende’s election and subsequent socialist …

This paper investigates the impact of parliamentary general election on the stock market returns by considering the … analyzed the election effect on stock returns through considering both abnormal returns by choosing 20 stocks as a proxy of … descriptive statistics, t-tests, and F-tests to understand the impact of election by gauging the changes in return series …