... of the impact of the two events on the performance of European and Middle Eastern financial markets. Based on market efficiency theory, the study uses the single index market model to capture abnormal returns on the event dates and across the event windows. The vast majority of academic studies, particularly...

... and the market model, with two different benchmarks for global returns, to analyze if any of the stock indices show abnormal returns on or around the announcement of a cryptocurrency ban. Findings The analysis shows that banning cryptocurrencies did not affect the returns of stock markets in any...

...Krishna Reddy; Muhammad Qamar; Noel Yahanpath Purpose The purpose of this paper is to study whether mergers and acquisitions (M&As) create value in Indian and Chinese markets. Design/methodology/approach The authors study abnormal returns (AR) created by the acquiring firms in Indian...

...Reza Yaghoubi; Stuart Locke; Jenny Gibb Purpose – This paper aims to illuminate the issue of whether there is a significant difference between long-term abnormal return of acquirers across industries, and which industries achieve better returns. Design/methodology/approach – This paper...