Labidi, Chiraz; Laribi, Dorra; Ureche-Rangau, Loredana - In: Managerial Finance 48 (2021) 2, pp. 222-242
Purpose: This study explores the price and trading volume effects around the quarterly Dow Jones Islamic Market-GCC index (DJIM-GCC) revisions and investigates whether these reactions are driven by firms' fundamentals or by investors' perception of ethical screening....