Ebook Investors’ Perceptions and Stock Market Outcomes. Interdiscyplinary approach — Martin Dahl

Opis

Investors’ Perceptions and Stock Market Outcomes. Interdiscyplinary approachSzczegółyAutor: Martin Dahl, Olha ZarorozhnaWydawnictwo: Uczelnia ŁazarskiegoEAN: 9788364054693ISBN: 978-83-64054-69-3ISBN wydania papierowego: 978-83-64054-67-9Rok wydania: 2019Miejsce wydania: WarszawaWydanie: 1Język: angielskiLiczba stron: 287Formaty plików: PDFRozmiar pliku: PDF: 6,0 MBZabezpieczenie: Znak wodny (watermark)This book deals with the issue of the determinants of stock market outcomes. Each chapter

tries to explain why stock prices change the way they do and to discover a general approach

to predict them. They tells a unique story behind the decision-making process of stock market

players starting from the general approach and trying to determine if the stock market outcomes

affect economic growth in developing and developed countries. The book moves on to discuss

oil prices and their effect on the stock market indices. The second part makes use of the event

study methodology and discusses the effect of the Fukushima Daiichi nuclear disaster on the oil

companies around the world, the terrorist attacks on the airline industry in the US, the change of

the CEOs on firms traded on the Warsaw Stock Exchange, and finally the dividend announcements

of Polish companies on their stock returns. These papers analyze specific events and show how

they affect investors of different companies. By going from general to specific, the book sheds

light on understanding of the stock market outcomes and investors’ perceptions around the world

and throughout different industries using different econometric techniques starting from OLS and

ARCH, moving on to SVAR and finishing with the event study methodology.