Investibility and return volatility

Article Abstract:

The impact of foreign ownership on emerging market securities is studied by examining the relation between a stock's investibility and its return volatility. The results show that the impact of market integration on the stock return volatility is positively related to the degree of investibility of individual stocks even after controlling for country, industry, firm size, and turnover.

---

Bailout and conglomeration

Article Abstract:

A model of business conglomerates in emerging markets with heavy dependence on bank loans and weak institutions, including weak banks whose capacity to access corporate profitability is less developed is presented. This model generates a number of testable predictions for the emerging market corporate finance.

Management dynamics, Management, Conglomerate corporations, Company business management, Corporate finance

---

Stock returns, aggregate earnings surprises, and behavioral finance

Article Abstract:

A study is conducted to analyze the impact of firm's aggregate earnings news on the stock market performance.

Science & research, Corporate Profits, Research, Profit, Profits

Similar abstracts:

• Abstracts: Risk and volatility: econometric models and financial practice. Risk aversion and allocation to long-term bonds
• Abstracts: Increasing returns, capital utilization, and the effects of government spending. Dynamic production teams with strategic behavior
• Abstracts: Nominal and real stochastic convergence of transition economies
• Abstracts: Grandstanding, certification and the underpricing of venture capital backed IPOs. Institutional trading and alternative trading systems
• Abstracts: Cultural group selection, coevolutionary processes and large-scale cooperation. How to measure social interactions via group selection? Cultural group selection, coevolutionary processes, and large-scale cooperation: a comment

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.