International Listings and Stock Returns: Some Empirical Evidence

1988 ◽  
Vol 23 (2) ◽  
pp. 135 ◽  
Author(s):  
Gordon J. Alexander ◽  
Cheol S. Eun ◽  
S. Janakiramanan
Keyword(s):  
Stock Returns ◽  
Empirical Evidence

scholarly journals THE RELATIONSHIP BETWEEN STOCK RETURN SKEWNESS AND BANK FEATURES

2018 ◽  
Vol 06 (02) ◽  
pp. 1850010
Author(s):  
SILVIA BRESSAN ◽  
ALEX WEISSENSTEINER
Keyword(s):  
Stock Returns ◽  
Empirical Evidence ◽  
Stock Options ◽  
Stock Return ◽  
Expected Returns ◽  
The Past ◽  
Small Banks ◽  
The Relationship ◽  
Forward Looking

This paper studies to what extent bank-specific characteristics relate to stock return skewness. The main finding is that stock return skewness decreases significantly in bank size, measured in terms of total assets, i.e stocks of large banks are less skewed than those of small banks. This result holds for backward-looking skewness computed using the past stock returns, as well as for forward-looking skewness extracted from stock options. We interpret the empirical evidence by arguing that bank size increases the likelihood to have severe losses, to the point that investors expect to be compensated by receiving higher expected returns.

Stock returns and volatility: empirical evidence from fourteen countries

2005 ◽  
Vol 12 (10) ◽  
pp. 603-611 ◽  
Author(s):  
Ercan Balaban * ◽  
Aslı Bayar
Keyword(s):  
Stock Returns ◽  
Empirical Evidence
Sign in / Sign up

Export Citation Format

Share Document