This paper examines value created through spinoffs over a period from 2002-2010. The net debt to average share price ratio and the debt to asset ratio of a company impacts the decision for this restructuring process ...

The main purpose of this study is to estimate the target price accuracy (TPA) of the Chilean analysts and to find the factors that may affect its accuracy. We also seek to determine if there exists a direct relationship ...

The present study aims to investigate the relationship between the economic and financial performance of the companies (measured from accounting metrics) and the return of the market (measured from the continuous and ...

Eu documento um efeito positivo em ambos, portfólios com variações positivas e negativas, no rácio de dívida e os retornos das acções para empresas no mercado emergente do Brasil durante o período de 2000 e 2016. Eu encontrei ...

Income smoothing is defined as the deliberate normalization of income in order to reach a desired trend. If the smoothing causes more information to be reflected in the stock price, it is likely to improve the allocation ...

We have carried out an event study to investigate stock returns associated with the announcement of equity issues by Brazilian firms between 1992 and 2003 in order to determine market reaction before, during, and after the ...

The subject insider trading is controversial. This paper presents series of event studies carried through on the trades with stocks of the firm carried by insiders with the objective to detect abnormal returns, based on ...