Wpływ opublikowanej rekomendacji na reakcję inwestorów
Investors’ Reaction to a Published Recommendation
Author(s): Kamil PolakSubject(s): Business Economy / Management
Published by: Wydawnictwo Naukowe Wydziału Zarządzania Uniwersytetu Warszawskiego
Keywords: abnormal returns; event study
Summary/Abstract: The aim of the research was to analyze the influence of published stock market recommendations on the behavior of share prices of companies listed on the Warsaw Stock Exchange in the WIG20 index. The presented research examined 364 recommendations from January 2015 to December 2016. The analysis was carried out using the event study methodology to determine the impact of a given event on the behavior of share prices.
Journal: Studia i Materiały
- Issue Year: 27/2018
- Issue No: 1/2
- Page Range: 127-135
- Page Count: 9
- Language: English, Polish
