scholarly journals RELATIONSHIP BETWEEN BRAND VALUE, FIRM SIZE AND STOCK PRICE PERFORMANCE: 2ND GENERATION PANEL DATA ANALYSIS ON TURKISH RETAIL SECTOR AND SPORT CLUBS

2019 ◽  
Vol 9 (5) ◽  
pp. 38-43
Author(s):  
Mustafa Ozyesil
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Firm Size ◽  
Stock Price ◽  
Panel Data Analysis ◽  
Brand Value ◽  
Retail Sector ◽  
2Nd Generation ◽  
Price Performance ◽  
Sport Clubs

Is NPA and Stock Return Related: An Empirical Study of Back Testing Model

2017 ◽  
Vol 10 (1) ◽  
Author(s):  
Madhvi . ◽  
Amit Gautam ◽  
Amit Srivastava
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Stock Price ◽  
Panel Data Analysis ◽  
Negative Relationship ◽  
Share Price ◽  
Correlation Studies ◽  
Back Testing ◽  
Trading Model ◽  
The Relationship

This paper examines the relationship between NPA announcements by banks and the impulsive movement in stock price brought out by these announcements. Primary focus of this study is to determine whether we can create a swing trading model based on back testing the data for the banking stocks listed on the Indian bourses.To achieve this objective we created a databasespanning ten years (2006 to 2016) and collected the daily share prices of eight banks listed on Bombay Stock Exchange (BSE). The relationship between share price and changes in NPA is studied on the basis of correlation studies and panel-data analysis. Although correlation studies does not establish any significant relationship, but the result of panel-data analysis clearly shows a negative relationship between the two. The result is further utilized to develop swing trading model and get benefit out of it. The novelty of the present study is that it clearly guides the swing traders as to how to earn benefit because of fluctuations in share price due to announce of NPA result.

scholarly journals Planos de Opções de Compra de Ações e o Valor das Companhias Brasileiras

2012 ◽  
Vol 10 (1) ◽  
pp. 105
Author(s):  
Fernanda Finotti Cordeiro Perobelli ◽  
Bruno De Souza Lopes ◽  
Alexandre Di Miceli da Silveira
Keyword(s):  
Corporate Governance ◽  
Data Analysis ◽  
Panel Data ◽  
Best Practices ◽  
Stock Price ◽  
Stock Options ◽  
Stock Exchange ◽  
Panel Data Analysis ◽  
Employee Stock Options ◽  
Exercise Price

This work investigates the effects of Employee Stock Options Plans (ESOP) on the value of companies in the Brazilian Stock Exchange (BM&FBOVESPA). An ESOP is a mechanism of variable compensation, generally offered to executives, having the alignment of interests between managers and shareholders as one of its goals. To achieve this purpose, a panel data analysis was used in order to try measuring if the ESOP generated or not value to shareholders. The results show that there is evidence that the ESOP only generates wealth for shareholders when it is well-set, specifically when the exercise price is fixed at-money or out-of-money. An increase in the stock price is also achieved when companies adopt best practices of corporate governance and the ESOP by more than three years.

scholarly journals The Outbreak of COVID-19 and Stock Market Responses: An Event Study and Panel Data Analysis for G-20 Countries

2020 ◽  
pp. 097215092095727
Author(s):  
Bhanwar Singh ◽  
Rosy Dhall ◽  
Sahil Narang ◽  
Savita Rawat
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Event Study ◽  
Stock Markets ◽  
Stock Price ◽  
Negative Impact ◽  
Panel Data Analysis ◽  
Abnormal Returns ◽  
Developed Countries ◽  
The Impact

This study examines the impact of the COVID-19 outbreak on the stock markets of G-20 countries. We use an event study methodology to measure abnormal returns (ARs) and panel data regression to explain the causes of ARs. Our sample consists of indices in G-20 countries. The observed window comprises 58 days post the COVID-19 outbreak news release in the international media, and the estimation window consists of 150 days before the event date. We find statistically significant negative ARs in the four sub-event windows during the 58 days. Negative ARs are significant for developing as well as developed countries. The findings of this study reveal that cumulative average abnormal return (CAAR) from day 0 to day 43, ranging from –0.70 per cent to –42.69 per cent, is a consequence of increased panic in the stock markets resulting from an increased number of COVID-19 positive cases in the G-20 countries. From day 43 to day 57, CAAR ranging from –42.69 per cent to –29.77 per cent indicates the recovery of stock markets after a major stock price correction due to COVID-19. Additionally, the results of panel data analysis confirm the recovery of stock markets from the negative impact of COVID-19.

scholarly journals Firm Performance and Market Behavior during First Wave of COVID-19 in Egypt: Panel Data Analysis

2021 ◽  
Vol 13 (2) ◽  
pp. 1
Author(s):  
May Elewa
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Stock Price ◽  
Fixed Effects ◽  
Business Processes ◽  
Panel Data Analysis ◽  
Trade Volume ◽  
Fixed Effects Model ◽  
Net Profit ◽  
The Impact

The purpose of this paper is to identify the impact of market capital MC and net profit NP on stock price SP and trade volume (TV) in the developing Egyptian business context. This study collects data from 29 non-financial organizations registered on the EGX 30 during the 6 month, 1/1/2020 to 30/6/2020, lockdown in Egypt due to the first wave of COVID-19. Data for the monthly confirmed cases and death cases of COVID-19 are collected for the 6 months of the study and compared to the monthly records of closing prices and trade volume in Egyptian poundsEGP. The study population represents 174 firm year observations. The firms studied operate in cash, have annual financial reports during the period 1/1 to 31/12, obtain complete financial data, and have not been eliminated all throughout the study. In this work the pooled model, the fixed effects model, and the random effects model are used.SPSSis applied to achieve the required statistical analysis. The study is a panel data analysis. Outcomes demonstrate existing substantial effects between market capital MC and stock price SP during the first wave of COVID-19. However, no significant effect is evident of the market capital MC and net profit NP with the trade volume TV during the first wave of this pandemic. This literature is advantageous for external and internal stakeholders and regulatory bodies. The study is a modest contribution that may help boost the business processes to reach better financial performance in times of unexpected catastrophes.

scholarly journals Determinants of Capital Structure: A Case for the Pakistani Cement Industry

2006 ◽  
Vol 11 (1) ◽  
pp. 63-80 ◽  
Author(s):  
Syed Tahir Hijazi ◽  
Yasir Bin Tariq
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Panel Data Analysis ◽  
Cement Industry ◽  
Combined Analysis ◽  
Listed Firms ◽  
Independent Variables

This paper attempts to determine the capital structure of listed firms in the cement industry of Pakistan. The study finds that a specific industry’s capital structure exhibits unique attributes which are usually not apparent in the combined analysis of many sectors as done by Shah & Hijazi (2005). The study took 16 of 22 firms in the cement sector, listed at the Karachi Stock Exchange for the period 1997-2001 and analyzed the data by using pooled regression in a panel data analysis. Following the model developed by Rajan & Zingle (1995) it has chosen four independent variables i.e. firm size (measured by natural log of sales), tangibility of assets, profitability and growth and further analyzed the effects on leverage. The results, except for firm size, were found to be highly significant.

scholarly journals THE EFFECT OF ADOPTION OF IFRS BASED ACCOUNTING STANDARDS: INDIAN EVIDENCES OF ENHANCED VALUE RELEVANCE AND UNIFORMITY

2021 ◽  
pp. 6-14
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Firm Size ◽  
Small Firms ◽  
Value Relevance ◽  
Panel Data Analysis ◽  
Accounting Information ◽  
Accounting Standards ◽  
Substantial Improvement ◽  
Change Period

This study examines how relevant the accounting information was for the value of the firm prior to 2016, when India had the indigenous Accounting Standards, and after 2016 when India adopted new accounting standards known as IND-AS, which were the convergence standards mostly in line with IFRS. As an extension to this, we have performed another round of analysis to observe whether the enhanced value relevance is symmetrically distributed among big and small firms. We have used the price regression model of (Barth et al, 2008) on 1770 firm-years data of Indian firms and applied panel data analysis. We have found 66% adjusted R2 under OLS method for the period prior to 2016 and 78% for the post-change period. Further to this, big and small firms, in the new regime, have shown 84% and 89% adjusted R2. From the results, we have found substantial improvement in value relevance of accounting information in the IND-AS period. We have also found that the enhanced value relevance is uniformly distributed across firms irrespective of firm-size.

scholarly journals Investigating Capital Structure, Performance and Stock Price in U.S. Technology Firms: Panel Data Analysis

2021 ◽  
Vol 11 (1) ◽  
pp. 43
Author(s):  
May Elewa
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Capital Structure ◽  
Financial Performance ◽  
Stock Price ◽  
Panel Data Analysis ◽  
Random Effect ◽  
Data Set ◽  
Generally Accepted Accounting Principles ◽  
Technology Firms

The study investigates the relationship among liquidity substituted by current ratio CR., capital structure proxied via debt to equity D/E ratio, the financial performance represented by return on equity ROE plus return on assets ROA, and stock price SP. Technology firms listed on the NASDAQ 30 index in America, which use generally accepted accounting principles (GAAP), are considered. Data is from the Standard and Poor S&P 500 database. The data set contains 672 observations with n=12. Data collected is of technology firms which operate in cash, have quarterly reports from 2005-2018, have no missing data, and are not disqualified during the study period. The study applies the pooled regression, the fixed effect, and the random effect techniques and the panel data analysis. The findings indicate a relationship between capital structure, financial performance, and stock price. This paper benefits internal and external stakeholders and may enhance business operations leading to higher financial performance.

scholarly journals Board Diversity, Ukuran Perusahaan Dan Intellectual Capital Disclosure Bank Umum Syariah

2019 ◽  
Vol 5 (2) ◽  
pp. 139-157
Author(s):  
Ilhamdi Ilhamdi ◽  
Neng Evi Silvia Arianti
Keyword(s):  
Content Analysis ◽  
Data Analysis ◽  
Panel Data ◽  
Firm Size ◽  
Intellectual Capital ◽  
Panel Data Analysis ◽  
Secondary Data ◽  
Islamic Banks ◽  
Women Directors ◽  
Board Diversity

This study aims to analyze the factors that affect the disclosure of intellectual capital, namely board diversity and firm size. The samples used were secondary data from Annual Report of Islamic Banks that registered in the BI during the observation period 2011-2015. Sampels were taken with a purposive sampling method, and who meet the criteria for sample selection. Content analysis was employed in this study to determine the Intelectual Capital Disclosure (ICD). The study used panel data analysis to investigate the influence of board diversity and firm size on ICD. Content analysis show that the ICD indeks of Islamic banks has increased over period of study. Panel data analysis indicate that board diversity and firm size simultaneously affect the ICD indeks. Partially, firm size has positive significant effect to ICD. Board diversity namely women directors show negative significant effect to ICD. However, board diversity namely independent directors is not influence to ICD

Sign in / Sign up

Export Citation Format

Share Document