We examine market responses to changes in the Nasdaq 100 index membership and find asymmetric stock price and investor awareness reactions. Stocks added to the Nasdaq 100 index for the first time experience permanent price gains and significant increases in investor awareness, whereas repeated...

Purpose − The purpose of this study is to examine changes in stock returns, liquidity, institutional ownership, analyst following, and investor awareness for companies added to and deleted from the Dow Jones Industrial Average (DJIA) index. Previous studies report conflicting evidence...

This paper suggests the use of Russian proverbs related to money to engage Russian-speaking students in the business classroom. Russian proverbs enhance teaching by appealing to Russian students' cultural background, by presenting ideas in a concise and memorable way, and by creating a...

Stocks added to the Samp;P 500 generally experience positive abnormal returns following the announcement. Several competing explanations exist for this reaction, but small sample sizes and other issues make it difficult to distinguish among them. We examine this subject using the small-cap...

This study compares the efficacy of Black–Scholes implied volatility (BSIV) with model-free implied volatility (MFIV) in providing volatility forecasts for 13 North American, European, and Asian stock market indexes: S&P 500 (United States), S&P/ASX 200 (Australia), S&P/TSX 60 (Canada), AEX...

The relationship between student online activity (including access to specific course materials) and student performance is examined in a traditional face-to-face introductory finance course supported with a class web site. Six measures are used: total hits, hit consistency, number of unique...

Purpose − The purpose of this study is to examine stock price and trading volume reactions to name changes of the Toronto Stock Exchange listed companies. Previous studies present conflicting evidence on reactions to corporate name changes in U.S. and other capital...

This paper proposes the use of proverbs in the teaching of finance. Familiar proverbs facilitate teaching by appealing to students' prior knowledge, by presenting ideas in a concise and original way, and by making the learning process more enjoyable and efficient. The paper presents more than...

This paper suggests the use of Chinese proverbs in the teaching of finance to Chinese-speaking students. Familiar proverbs facilitate teaching to Chinese students by appealing to students' prior knowledge, improving retention of new material, and creating a friendlier classroom environment....

In this article, the authors offer a powerful teaching tool, the graphic syllabus, to help instructors meet the unique challenges of teaching introductory finance. This tool is a visual representation of the topical organization of the course, meant to supplement and clarify the text syllabus....