Mehran, Jamshid; Meisami, Alex; Busenbark, John R. - In: Managerial Finance 38 (2012), pp. 641-652
Purpose – The purpose of this paper is to investigate the impact of Jewish holidays on US stock market returns. Design/methodology/approach – The authors use event study and regression methodology to determine abnormal returns on Jewish holidays and windowed periods surrounding the day. In...