Developing forecasting models for estimating the behavior of capital markets is one of the most challenging tasks in financial decision support system research. Besides time series models, artificial neural network approaches and genetic algorithms, text mining technologies represent a promising approach to support financial decision-making. In this paper, the authors address the problem field ...

This article uses an event study to investigate the response of a bank’s stock price information related these banks’ top managers. In first event, Vice Chairman founding board Asia Commercial Bank (ACB) was arrested and Chief Executive Officer (CEO) this bank summoned by police for questioning. The second immediate resignation Board Directors Sacombank (STB) after he received summons from inve...

This examination of the Stock Market’s responsiveness to strikes looks specifically at strike actions that labor historians generally view as the major ones occurring in the United States in the years 1925–37. The authors find that strikes had large, negative effects on industry stock value. Longer strikes, violent strikes, strikes in which unions “won,” industry-wide strikes, strikes that led ...

This paper constitutes – to our best knowledge – the first econometric analysis on stock market effects of the EU Emission Trading Scheme (EU ETS). Our results suggest that EU Emission Allowance (EUA) price developments matter to the stock performance of electricity firms: EUA price changes and stock returns of the most important European electricity corporations are shown to be positively rela...

This study examines the stock price reactions to the announcements of corporate real estate disposals by listed non-property companies in Malaysia and whether disposals under different economic conditions lead to different price reactions. The results show that the cumulative abnormal returns associated with the property disposals differ significantly in different economic conditions. Price rea...