Purpose – In this paper, we analyse the determinants affecting the stock prices of telecommunications firms in both developed and developing countries around the world.Design/methodology/approach – The empirical analysis is performed using panel data from 160 countries and 45 companies,...

This paper examines the impact of anticipated and unanticipated interest rate changes on aggregate and sectoral stock returns in the United Kingdom. The monetary policy shock is generated from the change in the 3-month sterling LIBOR futures contract. Results from time-series and panel analysis...

This paper investigates the impact of firms’ executive pay disparity on insider trading returns prior corporate earnings disclosures. We find evidence that executive pay disparity has a significant positive relationship with abnormal returns from insider purchases preceding the good earnings...