TY  - SER
AU  - Das Santu
TI  - Effect of Quarterly Earnings Announcements on Sensex : A case with Clustering of Events
PY  - 0000///0
CY  - 
PB  - Nov 2008
KW  - Earnings Announcements, Sensex
N2  - 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
UR  - http://192.168.6.13/libsuite/mm_files/Articles/AR10139.pdf
ER  -