Abraham, Rebecca; Harris, Judith; Auerbach, Joel - In: Journal of Economic Studies 43 (2016) 4, pp. 574-586
informed traders on stock returns and uninformed traders on volatility were assessed. In the post-IPO period, returns were … evaluated further in terms of whether it had a direct effect or was instrumented by volatility, cash flow, profit margin or … lesser volatility. Event studies were used to measure abnormal return and abnormal volume, while multiple regressions tested …