Bartholdy, Jan; Olson, Dennis; Peare, Paula - In: The European Journal of Finance 13 (2007) 3, pp. 227-252
This paper analyses whether it is possible to perform an event study on a small stock exchange with thinly trade stocks. The main conclusion is that event studies can be performed provided that certain adjustments are made. First, a minimum of 25 events appears necessary to obtain acceptable...
