Showing 1 - 10 of 63,310
This paper develops an analytically coherent yet parsimonious framework which explains market returns in terms of contemporaneous information. It anchors on the idea that valuation (static perspective) can be connected to the dynamics that explains returns, and vice versa. The framework requires...
Persistent link: https://www.econbiz.de/10012902126
In an environment where capital market participants collectively possess superior information about a decision faced by a firm manager, we use an experimental market to analyze the effectiveness with which the market communicates this information to the manager through stock price. We do so in a...
Persistent link: https://www.econbiz.de/10013009692
In this paper, we employ econometric techniques to examine the impact of political variables on investor sentiment, stock market returns, and the covariance between investor sentiment and equity returns. Similar to prior studies our results indicate that stock market returns are higher during...
Persistent link: https://www.econbiz.de/10012828901
As part of the SEC's revision of Regulation S-K, many investors proposed the mandatory disclosure of sustainability information in the form of environmental, social and governance (ESG) data. However, progress is contingent on collecting evidence regarding which sustainability disclosures are...
Persistent link: https://www.econbiz.de/10011901546
Most prior event studies find that the announcement of a new alliance is accompanied by a positive stock market response for the partners. This result has usually been interpreted as evidence for the prevailing view that alliances are effective vehicles for partners to acquire or access new...
Persistent link: https://www.econbiz.de/10014046901
We introduce a new methodology to categorize institutional herding tendency and direction, that enhances the precision with which herders are identified at the institutional level. The herders are the ones that follow the crowd both on the buy and sell trades, whereas anti-herders are the...
Persistent link: https://www.econbiz.de/10014349524
With the introduction of easy computerized trading platforms and online trading, intraday trading has been widely used by novices as well as individual investors, in addition to professional traders and investors. People are lured to intraday trading, due to quick gains (results) from it. Today,...
Persistent link: https://www.econbiz.de/10014352026
. This reach and scope of executive communications impact company security, reputation and compliance. The author sets out …
Persistent link: https://www.econbiz.de/10013070676
Status and reputation have long been recognized as important influences in management research and recently much … strategic management studies have identified the different methods through which status and reputation are constructed. While … reputation has been linked with a history of quality, and status has been identified as an externally assigned measure of social …
Persistent link: https://www.econbiz.de/10010757296
performance through the mediating role of job attitudes. In addition, the moderating role of organizational reputation is also … this relationship was partially mediated by job attitudes. In addition, organizational reputation strengthened the positive …
Persistent link: https://www.econbiz.de/10014246751