The study uses panel regression analysis to find out the herding behavior around macroeconomic announcement by using daily data of KSE-100 index return along with stock return of 249 listed companies and five macroeconomic announcements over the period from 2003-2013. The main purpose of the...

The price of stock like any other commodity goes up and down due to a number of factors. Corporate governance is one of important determinants of stock price. This paper makes an attempt to study exclusively the relationship between corporate governance score and stock prices of a company. The...