Showing 1 - 8 of 8
In this paper, the vacancy generation at (1 1 1) surface of silver (Ag) and the adsorption of copper (Cu) atom in the vacant site at Ag(1 1 1) surface has been studied using molecular dynamics (MD) simulation technique. The run of micro-canonical constant energy (NVE) ensemble results the...
Persistent link: https://www.econbiz.de/10010933048
We report a fundamental error in Datastream equity data for share prices and return indices relating to a failure to make any capital adjustments for UK open offers before February 2002. We re-examine the findings of Iqbal, Espenlaub, and Strong (2008), correcting for this error. We find that...
Persistent link: https://www.econbiz.de/10005438082
We examine the long run operating and stock price performance of UK open offer firms in the context of the earnings management hypothesis. We find that in the pre-offer period offer firms report significant improvements in their operating performance unrelated to cash flow performance. Results...
Persistent link: https://www.econbiz.de/10005471856
This study examines the market reaction to UK rights issues announcements and also investigates the position of these issues in the sequence in which the firms make multiple rights issues. The sample consists of 569 rights issues made by 243 industrial and financial firms over the period...
Persistent link: https://www.econbiz.de/10005167730
Purpose – This paper aims to investigate the relation between corporate governance and earnings management around UK rights issues. Design/methodology/approach – The paper examines the effect of board structure, ownership structure, adviser structure, and capital structure on discretionary...
Persistent link: https://www.econbiz.de/10008642021
This study examines the long run performance of firms offering multiple rights issues in the UK and differentiates between one-time and multiple issuers. By analysing a sample of 1146 rights issues offered by 788 London Stock Exchange listed industrial companies between 1988 and 2008, this study...
Persistent link: https://www.econbiz.de/10010666214
The nonparametric estimation of first and second infinitesimal moments describe by using the reweighted Nadaraya-Watson of scalar diffusion model. We used the symmetric kernels instead of standard kernel smoothing. We prove that the proposed estimators are consistence and asymptotically follow...
Persistent link: https://www.econbiz.de/10009365843
This paper aims to empirically investigate holding periods, illiquidity and disposition effect in Karachi Stock Exchange (KSE). KSE 100 Index Companies daily data were collected for a period of five year i.e. 2003-2007. Daily returns, holding periods, illiquidity and volatility were calculated...
Persistent link: https://www.econbiz.de/10010840093