The impact of SARS on the stock markets of Canada, China, Hong Kong Special Administrative
Region of China, Indonesia, the Philippines, Singapore, Thailand and Vietnam, is …

We investigate the profitability of technical trading strategies based on an asymmetric reverting
property of stock returns. We identify an asymmetry in return dynamics for daily returns on …

Spurred by economic uncertainty, interest in precious metals has increased dramatically.
Investors target precious-metal funds for two primary reasons: (1) to capture an expected …

Purpose – Several articles in the popular press have detailed an end-of-year anomaly known
as the Santa Claus Rally, a period best defined as the last five trading days of December …

This study provides a rigorous examination of historical stock price volatility. We measure
changes in the variability of equity returns on a daily and monthly basis and test whether …

… Washer, DBA, CFP®, CFA, CPA; and Robert R. Johnson, Ph.D., CFA, CAIA … Washer,
DBA, CFP ® , CFA, CPA (inactive) is an associate professor of finance at Creighton …

The enactment of Riegle‐Neal IBBEA in 1994 encouraged bank mergers and acquisitions.
Empirical evidence indicates that large banks benefited from IBBEA enactment. However, …

• This paper examines the “Santa Claus rally,” which has been discussed in several popular
press articles but not rigorously tested. The rally duration is commonly defined as the last …

This study develops an equity distribution model to analyze dividend and share repurchase
pay-ments to shareholders. Transaction costs increase and agency costs decrease as equity …

This article investigates Day-of-the-Week and January Effects in the Shanghai and Shenzhen
stock markets over the period 1990 to 2006 for both the ‘A’ and ‘B’ indices. During this …