Purpose – The aim of this paper is to study both the information content of accounting figures and the speed at which the new information is incorporated into stock prices. Design/methodology/approach – The sample is composed of 117 overnight announcements published by Reuters during the...

Purpose – While price studies such as Jawadi et al. generally focus on the relationships between oil and stock markets through the study of oil price on stock markets, this paper takes a different perspective to the linkages between oil and stock markets. This study sets out to investigate the...

Purpose – While price studies such as Jawadi et al. generally focus on the relationships between oil and stock markets through the study of oil price on stock markets, this paper takes a different perspective to the linkages between oil and stock markets. This study sets out to investigate the...