Journal title
Economies

   

 Articles related

Glauber de Castro Barbosa,Otávio Ribeiro de Medeiros    

The study has the purpose of analyzing the behavior of the Brazilian stock market in order to verify the existence of market efficiency immediately after the occurrence of favorable and unfavorable events (shocks). To achieve this purpose, an event study... see more


Leandro Maciel,Rosangela Ballini    

Stock exchange automation, characterized by the replacement of floor trading systems by electronic trading systems, is one of the main restructuring processes observed in global capital markets in recent decades. This paper investigates the effects of au... see more


Minwoo Lee, Yuwon Choi, Sanghyuk Moon    

This study examines whether the effect of funding through internal capital markets on investment efficiency is differentiated by the incentives of controlling shareholders as measured by the divergence between cash flow rights and voting rights of contro... see more


ANI STOITSOVA-STOYKOVA, Vladimir Tsenkov    

The study uses the GARCH models to estimate market efficiency of eleven stock markets from South East Europe (SEE) - Bulgaria, , Croatia, Greece, Serbia, Slovenia, Turkey, Romania, Montenegro, Macedonia, Banja Luka and Sarajevo (Bosnia and Herzegovina) o... see more


Elmar Grater,Jean Struweg    

AbstractThis paper furthers the work on efficiency of developing markets with specific focus on the JSE Limited. Empirical work on the efficiency of the JSE has been mixed; evidence both in favour of and against weak form efficiency is prominent. If mark... see more