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Using a large sample of data on insiders’ stock selling and rumors about A-share listed companies in China, this study empirically tests whether and how rumors about companies are used to manipulate the market in the context of insiders’ stock selling. We find that the probability of a...
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Oxy-fuel circulating fluidized bed combustion (CFBC) is an alternate technology to oxy-fuel pulverized combustion (PC), which has a number of advantages that can often make it a better choice for CO2 capture. This paper presents experimental results and operating experiences from a 0.8MWth...
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We examine shareholders' wealth effects (both in the short- and the long-run) of UK frequent bidders acquiring public, private, and/or subsidiary targets with alternative methods of payment between 1987 and 2004. We find that, in the short-run, bidders break even when acquiring public targets...
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