This study examines the investor sentiment response to selected COVID-19-related events and distinguishes its market- and company-based drivers. We estimated the individual investor sentiment indicators for a sample of the NYSE-listed companies in 2019–2020 from the sectors most severely...

Our study extends the previous literature by examining whether the stock market’s maturity and the sector in which a company operates affect the relationship between an improvement in the corporate reputation and its stock returns. This event-study research is based on data from developed and...

The aim of this study was to verify the short-term impact of financial variables on the corporate reputation perceived by investors. In the study we applied an approach from the field of business valuation assuming that corporate reputation perceived by investors is reflected in the difference...

This study extends the previous literature by examining whether the stock market’s maturity and the sector in which a company operates influence the relationship between an improvement in the company’s reputation—proxied by inclusion in a reputational index—and the level of its stock...

In merger transactions the value of the share exchange ratio is essential, because it affects the distribution of the benefits of the merger. The aim of this study is to analyze the impact of announcements of the agreed by boards share exchange ratios on the valuation of shares of companies...

Purpose: The main aim of the paper is to examine the small and medium-sized enterprises’ (SMEs) capital structure determinants in Central and Eastern Europe (CEE) (Poland, Czechia, Slovakia, Hungary, Bulgaria and Romania). Design/methodology/approach: The authors used panel models to analyze...

One of the analytical methods in financial economics is an event study. The event study allows to measure influence of some information (for example: changes at the board of directors, merger no-tices, and other) on value of companies. According to the event study method the abnormal change of...