Showing 1 - 10 of 80
Persistent link: https://www.econbiz.de/10013182660
Purpose – The purpose of this study is to identify the main drivers which can explain the relative success of BRIC countries (i.e. Brazil, Russia, India and China), collectively and individually, in attracting foreign direct investment (FDIs). Unlike previous studies that have identified gross...
Persistent link: https://www.econbiz.de/10014702539
Historically, financial markets have witnessed several consolidation trends. The year 1998, however, surpassed them all in volume and size of individual deals. This paper utilizes the event study approach to analyse the mega-mergers that took place in the banking industry during 1998, namely...
Persistent link: https://www.econbiz.de/10005485190
Persistent link: https://www.econbiz.de/10005388503
Persistent link: https://www.econbiz.de/10005388514
Persistent link: https://www.econbiz.de/10005161237
Persistent link: https://www.econbiz.de/10005244074
This paper proposes that corporate private information is transmitted to the market in two complementary phases. The accounting information is released first, followed by a dividend change announcement. Hence, investors assess the dividend signal only after consideration of accounting...
Persistent link: https://www.econbiz.de/10009200836
This study focuses on the relationship between short interest and subsequent stock returns. It also deals with the question of whether this relationship itself is attributable to firm size. In this context, this study investigates: (1) whether short sellers are correct in their predictions and...
Persistent link: https://www.econbiz.de/10009200928
Persistent link: https://www.econbiz.de/10014309100