Events that directly affect stock indices are of considerable importance to various index instruments such as ETFs and index funds. One of the most important of such events involves updating the index, which takes place once or twice per year. The effect this has on the capital markets is known...

The stock index is the basis for the existence of index instruments, such as ETFs and index funds. Therefore, every event in the index is a significant event which has many implications in the investment world. An important event is the index update which occurs every six months. The update of...

This study investigates the impact of information technology on common stock returns and trading volume. By focusing mainly on the peak period of the hi-tech phenomenon, the findings imply that the market response to website launching is positive. During the event day and the two preceding days,...

Purpose – The purpose of this paper is to measure the social loss occurring due to the inability of the government to use the real public demand function. Design/methodology/approach – The authors developed a model that enables maximization of the public utility of a given public budget by...

Purpose The proliferation of terror threats in the past decades and the increasing number of terror incidents at different locations around the world have engendered a counter reaction from the members of the international community. This study aims to examine how terror incidents that happened...

Purpose – The purpose of this paper is to measure the social loss occurring due to the inability of the government to use the real public demand function. Design/methodology/approach – The authors developed a model that enables maximization of the public utility of a given public budget by...