contract) prices and also records the effect of a major financial crisis on the prices. Since the inception of trading in 1995 … crisis in July 1997, FKLI prices were at a high premium relative to its theoretical values. This significant mispricing of … whether trades by foreign investors had any impact when compared with prices by domestic investors. We find that foreign …

stock price fluctuation solely based on financial news from relevant sources. The paper will start with providing background …, combined with historical data from relevant news sources as well as stock data. …

empirical evidence, however, suggests that firms that issue in hot markets are a major source of stock price underperformance of … cold market. We find that the two sets of firms have similar operating performance, but stock returns are worse for firms …

Some recent empirical evidence suggests that stock prices are not properly modelled as the present discounted value of … payout. In particular, we propose a model of managed dividends which can explain observed long-term trends in stock prices … show that the nonlinearity in the relationship between prices and dividends may arise from how managers choose dividend …

An analysis of the current relationship between stock prices, dividends, earnings, and returns, aimed at examining the … causes of the recent stock market surge. It reveals that the markets level cannot be explained by any single fundamental … element of standard stock valuation models, but rather manifests optimism about future dividend growth (based on the present …

An examination of the behavior of stock returns around quarterly earnings announcement dates finds a seasonal pattern …