Normal view MARC view ISBD view

Effect of Quarterly Earnings Announcements on Sensex : A case with Clustering of Events

By:

Das Santu

Material type: Article

ArticleLanguage: ENG Series: ; 14Publication details: Nov 2008 0Edition: 11Description: 6-19 PpSubject(s):

Earnings Announcements, Sensex

DDC classification:

Online resources:

Click here to access online

Summary: An event study examines the return behavior of a sample of firms experiencing a common type of event, e.g., earning announcement, stock split, issue of new debt or equity, merger and acquisition and so on. The objective is to assess the significance of the economic event on the market value of the firm. This study investigates the impact of quarterly earnings announcements on the stock price movement of the firms constituting the BSE-Sensex. Daily return data is used to study the mean stock price effect. The effect of clustering of events has been accommodated to analyze the effect of the announcements. The study also examines the drifting up of share prices with reference to good news announcement and vice versa.

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Current library	Call number	Status	Date due	Barcode
Articles	Main Library	Das (Browse shelf(Opens below))	Available		AR10139

Browsing Main Library shelves Close shelf browser (Hides shelf browser)

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	Das Consumers and Retailers Perception for Organized and Traditional Retail Stores	Das Higher Education : Role of Business Studies, Business Statistics and Business Ethics	Das Facilitative Factors in the Spread of Innovations in Teacher Education	Das Effect of Quarterly Earnings Announcements on Sensex : A case with Clustering of Events	Das E to Z of Ayurveda	Das Ensuring Horizontal Equity : Challenge Before the Thirteenth Finance Commission	Das Video Programmes at Indira Gsndhi National Open University	Next

An event study examines the return behavior of a sample of firms experiencing a common type of event, e.g., earning announcement, stock split, issue of new debt or equity, merger and acquisition and so on. The objective is to assess the significance of the economic event on the market value of the firm. This study investigates the impact of quarterly earnings announcements on the stock price movement of the firms constituting the BSE-Sensex. Daily return data is used to study the mean stock price effect. The effect of clustering of events has been accommodated to analyze the effect of the announcements. The study also examines the drifting up of share prices with reference to good news announcement and vice versa.

There are no comments on this title.

to post a comment.