Zobrazeno 1 - 10
of 27
pro vyhledávání: '"Arnold R. Cowan"'
Publikováno v:
Finance Research Letters. 48:102925
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8c67dcf5e960ac0d7754b7bc9b813af3
https://doi.org/10.1016/j.frl.2022.102925
https://doi.org/10.1016/j.frl.2022.102925
Autor:
Valentina Salotti, Arnold R. Cowan
We investigate regulations intended to stop managers from privately disclosing corporate information to analysts in a setting with enhanced potential to isolate regulatory effects: the European Union (EU) Market Abuse Directive (MAD), a common regula
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8882380038395e825dd7f78ea0c118ef
Autor:
Valentina Salotti, Arnold R. Cowan
Publikováno v:
Journal of Banking & Finance. 54:222-238
We find that winning bidders in FDIC failed bank auctions from 2008 to 2013 experience substantial positive abnormal stock returns. Returns are inversely related to bid amounts after controlling for bid determinants, consistent with wealth transfers
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::35c3ce45d1f1234b750c92bce54a1a99
https://doi.org/10.1016/j.jbankfin.2014.12.016
https://doi.org/10.1016/j.jbankfin.2014.12.016
Autor:
Ginka Borisova, Arnold R. Cowan
Publikováno v:
Journal of Corporate Finance. 29:351-368
We analyze acquirer wealth effects using a comprehensive sample of government asset sale announcements in 123 countries around the world in 1984–2009. Overall, we find positive abnormal returns to acquirers of state-owned assets. Returns are greate
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8f13450e6a57125cf1c51d7a77cf8ed2
https://doi.org/10.1016/j.jcorpfin.2014.09.011
https://doi.org/10.1016/j.jcorpfin.2014.09.011
Publikováno v:
Journal of Banking & Finance. 34:3078-3090
We provide the first simulation evidence of event-study test performance in multi-country non-US samples. The nonparametric rank and generalized sign tests are more powerful than two common parametric tests, especially in multi-day windows. The two n
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::274651fb5648825ea14ece4e549886e8
https://doi.org/10.1016/j.jbankfin.2010.07.016
https://doi.org/10.1016/j.jbankfin.2010.07.016
Publikováno v:
Journal of Accounting, Auditing & Finance. 19:405-428
Many allege that the accounting profession has failed to adapt to fundamental changes in the business environment because it has not developed timely guidance for reporting intangible assets. Regulatory attention has also focused on the disclosure co
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::bb4bde208d16088ad6770efad513e2fd
https://doi.org/10.1177/0148558x0401900403
https://doi.org/10.1177/0148558x0401900403
Publikováno v:
Journal of Financial Research. 27:161-178
Stocks added to the S&P 500 generally experience positive abnormal returns following the announcement. Several competing explanations exist for this reaction, but small sample sizes and other issues make it difficult to distinguish among them. We exa
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a25911dd262aeef69e3abb6b1901e9f1
https://doi.org/10.1111/j.1475-6803.2004.t01-1-00077.x
https://doi.org/10.1111/j.1475-6803.2004.t01-1-00077.x
Publikováno v:
The Quarterly Review of Economics and Finance. 42:487-503
We examine wealth effects, for banks and insurers, of bank rights to sell and underwrite annuities. The stock-price reactions to four court and regulatory decisions are consistent with expectations of bank gains at insurers’ expense. Cross-sectiona
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4a27cad9d45eebc4c1903b52af31be85
https://doi.org/10.1016/s1062-9769(01)00129-6
https://doi.org/10.1016/s1062-9769(01)00129-6
Autor:
Anne M.A. Sergeant, Arnold R. Cowan
Publikováno v:
Journal of Banking & Finance. 25:741-765
We report simulations, using actual stock return data, of statistical tests of long-horizon buy-and-hold stock returns. We use benchmark portfolios purged of new-listings and rebalancing biases, and find that many proposed tests are misspecified, due
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c25f8de219c052645d84f77f6ce98328
https://doi.org/10.1016/s0378-4266(00)00094-7
https://doi.org/10.1016/s0378-4266(00)00094-7
Publikováno v:
Decision Sciences. 31:57-77
We model convertible bond calls under asymmetric information where, unlike Harris and Raviv (1985), we consider a nonzero call price and a call notice period. In the model, the use of underwriters conveys negative information. Consequently, the stock
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b1bfbea93eea7c40271617086fbb3ebb
https://doi.org/10.1111/j.1540-5915.2000.tb00924.x
https://doi.org/10.1111/j.1540-5915.2000.tb00924.x