Stock Price Reaction to Public and Private Information

CFA Digest ◽  
2007 ◽  
Vol 37 (2) ◽  
pp. 45-46
Author(s):  
Richard D. Long
Keyword(s):  
Private Information ◽  
Stock Price ◽  
Public And Private ◽  
Price Reaction ◽  
Stock Price Reaction

Stock price reaction to cash dividend announcements in Vietnam

2017 ◽  
Vol 24 (2) ◽  
pp. 74-89
Author(s):  
NGUYEN THI VAN ANH ◽  
NGUYEN XUAN TRUONG ◽  
DAO MAI HUONG
Keyword(s):  
Stock Price ◽  
Cash Dividend ◽  
Price Reaction ◽  
Dividend Announcements ◽  
Stock Price Reaction

The Stock Price Reaction to Repricing Employee Stock Options

2001 ◽  
Author(s):  
John R.M. Hand ◽  
Barbara M. Grein ◽  
Kenneth J. Klassen
Keyword(s):  
Stock Price ◽  
Stock Options ◽  
Employee Stock Options ◽  
Price Reaction ◽  
Stock Price Reaction

Stock Price Reaction to Debt Offerings: The Turkish Evidence

2020 ◽  
Author(s):  
Evrim Akdogu ◽  
Sureyya Avci ◽  
Serif Aziz Simsir
Keyword(s):  
Stock Price ◽  
Price Reaction ◽  
Stock Price Reaction

scholarly journals Are rating agencies still credible after the subprime crisis?

2017 ◽  
Vol 14 (2) ◽  
pp. 82-87
Author(s):  
Eleonora Isaia ◽  
Marina Damilano
Keyword(s):  
Financial Crisis ◽  
Stock Price ◽  
Credit Rating ◽  
Conflicts Of Interest ◽  
Strong Support ◽  
Subprime Crisis ◽  
Multivariate Tests ◽  
Rating Agencies ◽  
Price Reaction ◽  
Stock Price Reaction

Reputational concerns should discipline credit rating agencies (CRAs), eliminate any conflicts of interest, and motivate them to provide unbiased ratings. However, the recent financial crisis confirms models of CRAs’ behavior that predict inflated ratings for complex products and during booms. We test whether CRAs suffered a reputational damage for this behavior. We find strong support in the data for our hypothesis. The stock price reaction to rating revisions is significantly lower after the financial crisis, particularly in the financial sector. In multivariate tests, we find that the stock price reaction is lower, on average, in the post-crisis period by 2.3%.

Sign in / Sign up

Export Citation Format

Share Document