Purpose – The aim of this paper is to study both the information content of accounting figures and the speed at which the new information is incorporated into stock prices. Design/methodology/approach – The sample is composed of 117 overnight announcements published by Reuters during the...

This study investigates the effect of sporting performances on the volatility of listed football clubs. The theoretical background is based on the importance of intangible assets in the football industry and the difficulty in evaluating them. The empirical analysis is based on the family of...

The goal of this paper is to shed light on the relationship between volume and volatility. More specifically, it aims to determine which component of trading volume (trade size or number of transactions) drives this relation. Our intraday analysis reveals several results. Firstly, we confirm the...