Search Results - subject:"STOCK PRICES"

Did you mean: subject:"STOCK price" (54,078 results)

Testing different forms of efficiency for Dhaka Stock Exchange

Arefin, Jarka; Rahman, Rashedur M. - In: International Journal of Financial Services Management 5 (2011) 1, pp. 1-20

(market, public or private) should reflect on stock prices. No one could earn excess profit using any kind of information in …

Persistent link: https://www.econbiz.de/10011130067

THE PRESENT VALUE MODEL WITH STOCHASTIC DISCOUNT RATE AND AN ANN PROCESS FOR BROAD DIVIDENDS

FU, MAN; BIDARKOTA, PRASAD V. - In: Annals of Financial Economics (AFE) 06 (2011) 01, pp. 1150001-1

using linear dividends process, narrow dividends, or a constant discount factor. Nonetheless, actual stock prices remain …This paper uses an artificial neural network (ANN) model to forecast broad dividends, and computes fundamental stock … prices with a stochastic discount factor (SDF). Broad dividends are used because they measure payouts to shareholders more …

Persistent link: https://www.econbiz.de/10010888474

Do Firms Manage Nominal Stock Prices for their Employees?

Waxin, Timothée - Université Paris-Dauphine (Paris IX) - 2011

manage their stock prices and thus have attractive shares. …

Persistent link: https://www.econbiz.de/10010861558

An examination of the information content of S&P 500 index changes: Analysis of systematic risk

Geppert, John M.; Ivanov, Stoyu I.; Karels, Gordon V. - In: Review of Accounting and Finance 10 (2011) November, pp. 411-426

Purpose – The purpose of this paper is to examine the shocks to firm's beta around the event of addition or deletion from the S&P 500 index. Design/methodology/approach – The total derivative of beta and Campbell and Vuolteenaho decomposition of beta methodologies are used, on monthly and...

Persistent link: https://www.econbiz.de/10009367090

Dynamic relationships between Middle East stock markets

Floros, Christos - In: International Journal of Islamic and Middle Eastern … 4 (2011) 3, pp. 227-236

Purpose – The aim of this paper is to examine the dynamic relationships between Middle East stock markets. Design/methodology/approach – Daily data from the Egyptian (CMA) and Israeli Tel Aviv Stock Exchange (TASE‐100) stock indices are considered. The paper employs a Bivariate...

Persistent link: https://www.econbiz.de/10014826537

Brand transaction announcements and stock price volatility

Assunta Baldini, Maria; Liberatore, Giovanni; Ridi, Tommaso - In: Journal of Intellectual Capital 12 (2011) 3, pp. 392-406

Purpose – This paper aims to investigate the potential relationship between the stock market announcement of a brand's buy and sell agreement, and the stock price trend. Design/methodology/approach – The research question was approached using a GARCH‐based statistical analysis on a sample...

Persistent link: https://www.econbiz.de/10014875591

Lead‐lag relationship, volatility asymmetry, and overreaction phenomenon

Chang, Chih‐Hsiang; Cheng, Hsin‐I; Huang, I‐Hsiang; … - In: Managerial Finance 37 (2011) 1, pp. 47-71

Purpose – The purpose of the paper is to investigate the price interrelationship between the Taiwanese and US financial markets. Design/methodology/approach – The trivariate GJR‐GARCH (1,1) model and event study were employed to investigate volatility asymmetry and overreaction phenomenon,...

Persistent link: https://www.econbiz.de/10014940149

Testing the weak‐form efficiency in African stock markets

Ntim, Collins G.; Opong, Kwaku K.; Danbolt, Jo; Senyo … - In: Managerial Finance 37 (2011) 3, pp. 195-218

Purpose – The purpose of this paper is to investigate and compare the weak‐form efficiency of a set of 24 African continent‐wide stock price indices and those of eight individual African national stock price indices. Design/methodology/approach – Variance‐ratio tests based on ranks and...

Persistent link: https://www.econbiz.de/10014940156

Cumulative voting and the conflicts between board and minority shareholders

Zhao, Aiwu; Brehm, Alexander J. - In: Managerial Finance 37 (2011) 5, pp. 465-473

Purpose – The purpose of this paper is to investigate whether cumulative voting can help ease the conflicts between board of directors and minority shareholders. Design/methodology/approach – The authors use voting result of shareholder proposals as an indicator of the level of conflicts...

Persistent link: https://www.econbiz.de/10014940171

Estimating the leverage parameter of continuous‐time stochastic volatility models using high frequency S&P 500 and VIX

Ishida, Isao; McAleer, Michael; Oya, Kosuke - In: Managerial Finance 37 (2011) 11, pp. 1048-1067

Purpose – The purpose of this paper is to propose a new method for estimating continuous‐time stochastic volatility (SV) models for the S&P 500 stock index process using intraday high‐frequency observations of both the S&P 500 index and the Chicago Board Options Exchange (CBOE) implied (or...

Persistent link: https://www.econbiz.de/10014940205