This paper examines the association between the equity concentration and agency costs as well as the impact of agency costs on the performance of non-financial firms listed on the Saudi Stock Market (Tadawul). These relations are examined by using dynamic panel data two-steps robust system...

This study investigates the market reaction to dividend change announcements for the period 1996 to 2002 at Amman Stock Exchange. Event study methodology is applied to examine the significance of mean abnormal return on and around the announcement date, thin, trading model of Scholes and...

The purpose of this study is to examine patterns of price limit hits for stocks listed on the Tokyo Stock Exchange. Explanations are provided for the empirical findings and the extent to which the price limit hit patterns are related to existing stock returns patterns. We argue that if patterns...

Many stock exchanges around the world enforce daily price limits on the amount asset prices can change to prevent the market from overreacting and to reduce volatility. Using a methodology of comparing volatility based on the Extreme-Value technique, we empirically investigate the impact of...

Purpose: The purpose of this paper is to analyze the literature related to green stock preservation and factors, which affect it. The growing importance of energy resources due to its depletion has increased the interest of researchers. They are trying to find out how to maintain sustainability...

The primary aim of this paper is to examine characteristics of stocks that hit the limits listed in the Tokyo Stock Exchange. We analyse the characteristics of stocks that hit the limits more frequently, the characteristics of stocks that hit the upper limits and the characteristics of stocks...

The primary aim of this paper is to examine characteristics of stocks that hit the limits listed in the Tokyo Stock Exchange. We analyse the characteristics of stocks that hit the limits more frequently, the characteristics of stocks that hit the upper limits and the characteristics of stocks...

This study aims to examine regularities of price limit hits for stocks listed in the TSE. Regularities of limit hits have not been examined before. The results show an increase of limit hits on Monday and Tuesday. These results of limit hits are consistent with the existing literature for the...

The primary aim of this paper is to examine effectiveness of price limits for companies listed in the Tokyo Stock Exchange. Explanations are provided for the empirical findings and the extent to which the price limit hit regularities are related to existing stock returns regularities. We argue...