... of cryptocurrencies and symmetrical across all cryptocurrencies? Design/methodology/approach Using the cumulative abnormal return methodology as an event study approach, we test the impact of SEC approval on the investor’s trust in the cryptocurrency arena. The estimation window spans from December 20, 2022...

... and economic context influence investor reactions. Design/methodology/approach We use a standard event study methodology to analyze 142 technology start-up acquisitions from 1999 to 2022. Cumulative average abnormal returns (CAAR) were calculated using daily stock price data from the Thomson Reuters-Eikon...

... along with separation. Design/methodology/approach A total of 109 pure and 51 composite spin-off announcements made by Indian listed companies from 2010 to 2023 are examined using event study methodology. The cross-sectional t-test is used to measure the significance of abnormal returns...

.../methodology/approach An event study methodology is used to estimate the cumulative abnormal returns (CARs) and its statistical significance is tested with both parametric and non-parametric test-statistics. Separate analysis has been conducted for firms with “major vs minor” and “restructuring vs non...

.... Design/methodology/approach This study adopted an event study methodology for apprising the short-term business value from the stock market. The authors predicted that investors will react as they receive news coverage about the strategy of business cooperation between outsourcing firms...

...Pattanaporn Chatjuthamard; Pornsit Jiraporn; Pattarake Sarajoti; Manohar Singh Purpose The study investigates the effect of political risk on shareholder value, using an event study and a novel measure of firm-level political risk recently developed by Hassan et al. (2017). In addition...

.... Design/methodology/approach The paper examines cumulative abnormal returns around CEO announcements from 1992 through 2016 using a modified event study methodology. This evidence shown examines market reactions over time and by firm size. Findings Financial markets react more favorably to male CEO...

...-aggregate stock indices across EU-28, the UK and several country subsamples. An event study is performed in order to measure cumulative abnormal returns during the post-referendum announcement period. Findings The results indicate an unexpected small number of affected sectors across the country samples...

... thin trading, and whether specific firm characteristics affect the likelihood and nature of a dividend omission. Design/methodology/approach First, event study analysis is used to check if dividend omissions actually do impact share prices in terms of short-term abnormal returns and longer-term...

... period 2005–2017. The event study methodology is used to examine the impact of CERs announcements on a firm’s share prices. Findings The study suggests that the issuance of CERs did not produce any significant abnormal return. More specifically, the outcomes of event study shows that over a two-day...

.../methodology/approach A sample of 76 Indian firms has been taken which announced the spin-off of their one or more divisions during 2010–2011 to 2015–2016. The authors have used the event study methodology with an event window period of −35 to +35. Estimation window of 256 (−290, −35) days is considered...

... and tender offers undertaken by publicly traded US firms between 1996 and 2009. The authors used the standard event study methodology for short-term performance analysis; Berkovitch and Narayanan (1993) method to identify merger motives; and standard benchmark adjusted return on assets (sales) (Barber...

... effects. Design/methodology/approach An event study methodology is used to analyze the immediate financial impact of the Andersen implosion on competitors of Enron and/or firms audited by Andersen. More specifically, how did the announcement of the implosion impact these firms? Findings...

...Monzurul Hoque; Jamshid Mehran; Alex Meisami; John R. Busenbark Purpose The purpose of this paper is to investigate the impact of Jewish holidays on US stock market returns. Design/methodology/approach The authors use event study and regression methodology to determine abnormal returns...

... if there was such a shock and to clarify the role that the estimation and event windows have on measuring its significance. Design/methodology/approach The event study methodology is used for Tiger's core sports related sponsors: Electronic Arts (Tiger Woods PGA TOUR), Nike (Nike Golf), and Pepsi (Gatorade) and his...