46,99 €
inkl. MwSt.
Versandkostenfrei*
Versandfertig in 6-10 Tagen
  • Broschiertes Buch

Stock market reacts to various corporate announcements. One such significant announcement which has bearing on the stock price movement of the firm is quarterly earnings information. The significance of this lies in the fact that empirical studies on quarterly earnings announcements suggest a statistically significant abnormal return of the firms during the days surrounding the announcement. Although extensive research studies with reference to the effect of quarterly earnings announcements on share price movement have been conducted in international context, there are very limited studies in…mehr

Produktbeschreibung
Stock market reacts to various corporate announcements. One such significant announcement which has bearing on the stock price movement of the firm is quarterly earnings information. The significance of this lies in the fact that empirical studies on quarterly earnings announcements suggest a statistically significant abnormal return of the firms during the days surrounding the announcement. Although extensive research studies with reference to the effect of quarterly earnings announcements on share price movement have been conducted in international context, there are very limited studies in the Indian context. This book intends to analyze the effect of quarterly earnings announcements on stock return behavior of companies constituting SENSEX. The present research work extends the empirical work on quarterly earnings announcements in Indian context in the following manner: (i) Analyzing the effect of quarterly earnings announcements on stock price movement over a multiple period. (ii) Investigating the effect of quarterly earnings announcements on stock price movement during bull and bear phases of the market. (iii) Incorporating cross-sectional adjustment factor in the study.
Autorenporträt
Dr. Santu Das did his M.B.A and Ph.D. in Management from Indian School of Mines, Dhanbad, India. He is currently working in Agriculture Insurance Company of India at Kolkata Regional Office; He has published six research papers in National and International Journals.