..., respectively. All of these support herd behavior in global equity markets. Practical implications Investors and fund managers could design profitable investment strategies based on these premises. Policymakers and regulators could monitor investment performance and improve market efficiency. Originality...

..., this study adds to the literature on market efficiency and stock price behavior in the context of COVID-19. Third, via identifying which firm attributes are more influential on stock misvaluation of Fintech stocks, this study offers a better understanding of the causes why stock prices might deviate from...

... market efficiency in the future (Shanaev et al., 2020 ; Guseva and Hutton, 2023). In some cases, such reactions may even resemble fire sales, as witnessed during the FTX collapse (Öget, 2022). However, a positive perception of SEC enforcement actions and a corresponding increase in demand...

... of the stock return series to measure the level of stock market efficiency across the regions and diversified market conditions. The study uses the dynamic conditional correlation-multivariate generalized autoregressive conditional heteroscedasticity framework to quantify the degree of volatility comovement...

.... Natalia Diniz-Maganini can be contacted at: natalia.diniz@fgv.br 15 06 2021 20 09 2021 23 11 2021 02 12 2021 © Emerald Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only Market efficiency Safe-haven COVID-19 Bitcoin Intraday data...

...Mark J. Holmes; Jesús Otero Purpose The purpose of this paper is to assess the informational efficiency of Arabica (other milds) and Robusta coffee futures markets in terms of predicting future coffee spot prices. Design/methodology/approach Futures market efficiency is associated...

... at: mdbrigida@gmail.com 25 03 2018 14 07 2018 03 10 2018 06 01 2019 08 01 2019 © Emerald Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only Market efficiency NASDAQ Macroeconomic Informed trading High-frequency trading Natural gas...

... A. Shank can be contacted at: cshank@daltonstate.edu 26 11 2018 09 05 2019 23 06 2019 © Emerald Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only Gambling Market efficiency Familiarity NFL Sports betting G14 L83...

...Omid Sabbaghi; Navid Sabbaghi Purpose This study aims to provide one of the first empirical investigations of market efficiency for developed markets during the recent global financial crisis. Design/methodology/approach Using the Morgan Stanley Capital International (MSCI) country indices...

...Keldon Bauer; Omar A. Esqueda Purpose Using the small-business loan market, this paper aims to test whether a structural shift in access to borrowers’ financial information (i.e. credit ratings) improves market efficiency, thereby improving entrepreneurs’ access to external capital. Design...

... hypothesis test and the stochastic dominance (SD) test, on the above Latin American stock market indices. Findings The authors find that stock market liberalization does not improve stock market efficiency in Latin America. Originality/value This investigation is among the first to examine the impact...

... Emerald Group Publishing Limited Licensed re-use rights only Earnings surprises Market efficiency Credit default swaps Event study analysis G12 G13 G14 G20 Tecnologia and FEDER/COMPETE UID/ECO/04007/2013 In the previous decades, credit default swap (CDS, henceforth...

... as the proportion of absolute values of {VRS^*(kˆ^*;j)}_j=1^m greater than the absolute value of VRS(k). Market efficiency Weighted bootstrap Automatic variance‐ratio test Return predictability Detrended fluctuation...

... in BRIC countries' stock market. Design/methodology/approach This study uses closing prices of IBrx‐50 for Brazil, RTSI for Russia, Nifty for India and CSI300 for China to represent the stock market of BRIC countries. The Run and ACF tests are used to see impact on market efficiency. GARCH M model...