Cuñat et al find that passing a proposal leads to significant
positive abnormal returns:
The positive abnormal returns also are consistent with the work of Brav et al. (2008), who find positive market reactions for a sample of confrontational and nonconfrontational hedge fund Schedule 13D filings.
The positive abnormal returns are most pronounced for engagements on the themes of corporate governance and climate change:
Generally, when a security is added to an index, its price jumps, resulting in
positive abnormal returns.
The more senior the host, the more pronounced the ensuing share - price outperformance: meetings with the president yield the biggest «
positive abnormal returns».
Not exact matches
Material News - Material News is prior studies indicating insider buying, selling, activity precedes
positive, negative,
abnormal returns that persist over relatively long horizons.
Do peaks in the S&P 500 Implied Volatility Index (VIX) signal
positive abnormal U.S. stock market
returns?
We find that the
positive returns at announcement are not reversed over time, as there is no evidence of a negative
abnormal drift during the one - year period subsequent to the announcement.
Do peaks in the S&P 500 Implied Volatility Index (VIX) signal
positive abnormal U.S. stock market
returns?
size: 100 %;» class = «Apple - style - span» > CXO concludes: «family: Verdana, Arial; font - size: 100 %;» > In summary, investors may be able to achieve
abnormal returns by combining value and earnings surprises, with most of the benefit coming from value stocks with
positive earnings surprises and
positive earnings announcement
abnormal returns.»
Value stocks exhibit much larger
positive drifts than growth stocks after
positive earnings surprises and
positive earnings announcement
abnormal returns.
investors may be able to achieve
abnormal returns by combining value and earnings surprises, with most of the benefit coming from value stocks with
positive earnings surprises and
positive earnings announcement
abnormal returns.»