This paper investigates the impact of the spread of COVID-19 on the Saudi stock market. More particularly, this study examines the implications of the recent coronavirus on the overall stock returns, sectoral stock returns, and the stock returns of specific firm characteristics: market...

This study aims to measure the performance of actively-managed Saudi Arabia mutual funds during the COVID-19 outbreak and examines the potential impact of COVID-19 growth on the measured performance. The authors apply the Fama and French five-factor model to measure the risk-adjusted performance...

The short-run market performance of the initial public offerings (IPOs) indicates that the prices are often underpriced which is widely accepted as a universal phenomenon. To find out whether the Australian IPOs are underpriced, this paper analyses the short-run market performance of 254 IPOs by...

This study assesses the level of potential insider trading on the Saudi stock market (Tadawul) before and after the introduction of financial reforms. The level of potential insider trading is estimated by employing the market cleanliness measure (MCM) which determines the proportion of...

An increasing number of tourism researchers now advance the notion of tourism degrowth as a serious and viable alternative to the mainstream, growth-oriented approach to managing tourism development. The paper seeks to clarify, at a conceptual level, the well-being implications of tourism...

A model of export supply response of the Australian citrus industry is developed and estimated using cointegration and error correction techniques and quarterly data for the period 1983 to 1993. The estimates suggest that, even in the long run, the supply of citrus exports is inelastic with...

This study aims to measure the performance of actively-managed Saudi Arabia mutual funds during the COVID-19 outbreak and examines the potential impact of COVID-19 growth on the measured performance. The authors apply the Fama and French five-factor model to measure the risk-adjusted performance...

This paper predicts the directional changes in excess stock market return using macroeconomic variables. To minimize risks, an accurate forecasting of directional changes in excess return is required. To predict the directional changes this study first estimated the binary dependent dynamic...

To determine whether Australian initial public offerings (IPOs) underprice in the short run, and to identify their determinants, this study investigated the short-run market performance of 254 IPOs listed during 2006 to 2011 by industry and year (listing and issue). To measure their short-run...

This paper deals with an issue that has been identified in many markets where there are large numbers of package tourists. In Australia, there have been a number of studies undertaken into the use of a range of dubious business practices employed by Inbound Tour Operators (ITOs), particularly in...