...James Ndirangu Ndegwa Purpose The purpose of this study is to investigate market reaction to corporate governance reform pronouncements on board diversity in Kenyan listed firms. Design/methodology/approach An event study was performed using 240 days pre-event period and an event period...

... and during the coronavirus (COVID-19) pandemic. Design/methodology/approach This paper uses a sample of 889 completed M&As announced by US firms between 1 January 2018 and 31 July 2020. Announcement abnormal returns are estimated using an event study methodology and the relation of ESG performance...

... between European firms from 01/01/2003 to 31/12/2017. Abnormal returns are estimated by applying an event study methodology, and the effects of CG mechanisms are assessed with univariate and multivariate cross-sectional regressions. Findings The authors present evidence that acquirers realize...

.../methodology/approach This paper used a one-day event study to measure when gender diversity matters to investors. Abnormal returns from Italian firms were used to study investors’ anticipated outcomes of the effect of gender diversity on firm value. Findings Board gender diversity is financially...

...Bo Ouyang; Armand Picou; Brian Elzweig Purpose This paper seeks to explore empirically the shareholder reactions to an officer leave of absence (OLOA) announcement. Design/methodology/approach A standard event study methodology is applied to daily stock holding period returns...