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In search of a signaling effect: The wealth effects of corporate name changes
4 references·16 citing·54 second hopsampled
In search of a signaling effect: The wealth effects of corporate name changes (1994)In search of a signaling effect: The weal…Standard Errors in Event Studies (1992)Standard Errors in Event Stud…Withdrawn Security Offerings (1988)Withdrawn Security OfferingsEarnings information conveyed by dividend initiations and omissions (1988)Earnings information conveyed…Does it Pay to Change Your Company's Name? A Stock Market Perspective (1987)Does it Pay to Change Your Co…Brand actions and financial consequences: a review of key findings and directions for future research (2022)Brand actions and financial c…The impact of blockchain related name changes on corporate performance (2020)The impact of blockchain rela…Composite value index of trademark indicators (2019)Composite value index of trad…The name's the game: Does marketing impact the value of corporate name changes? (2014)The name's the game: Does mar…What's in a “China” Name? A Test of Investor Attention Hypothesis (2012)What's in a “China” Name? A T…The Sponsorship Effect: Do Sport Sponsorship Announcements Impact the Firm Value of Sponsoring Firms? (2012)The Sponsorship Effect: Do Sp…Corporate brand name changes and business restructuring: is the relationship complementary or substitutive? (2012)Corporate brand name changes …Corporate name changes: Price reactions and long-run performance (2010)Corporate name changes: Price…What’s in a name? What leads a firm to change its name and what the new name foreshadows (2009)What’s in a name? What leads …A review of the application of event studies in marketing (2007)A review of the application o…Risk and Return Around Bond Rating Changes: New Evidence From the Spanish Stock Market (2006)Risk and Return Around Bond R…What’s in a Name? Evidence on Corporate Name Changes from the Australian Capital Market (2004)What’s in a Name? Evidence on…Backing into being public: an exploratory analysis of reverse takeovers (2004)Backing into being public: an…The Valuation and Market Rationality of Internet Stock Prices (2002)The Valuation and Market Rati…Dotcom Mania: A Survey of Market Efficiency in the Internet Sector (2001)Dotcom Mania: A Survey of Mar…Corporate name change signaling in the services industry (1997)Corporate name change signali…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Using daily stock returns (1985)Event Studies in Economics and Finance (1997)The differentiated effects of CSR actions in the service industry (2014)Event study methodology in business research: a bibliometric analysis (2020)Research Methods in Business Studies (2020)Dividend Policy, Growth, and the Valuation of Shares (1961)Continuous Auctions and Insider Trading (1985)Hedge Funds and the Technology Bubble (2004)An Engine, Not a Camera (2006)Investor Sentiment and the Cross‐Section of Stock Returns (2006)An Empirical Evaluation of Accounting Income Numbers (1968)Dividend Policy under Asymmetric Information (1985)Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift? (1995)Detecting abnormal operating performance: The empirical power and specification of test statistics (1996)Capital markets research in accounting (2001)Asset pricing and the bid-ask spread (1986)Common risk factors in the returns on stocks and bonds (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)Investor Attention and Macroeconomic News Announcements: Evidence from Stock Index Futures (2015)How investor attention affects stock returns? Some international evidence (2021)Active attention, retail investor base, and stock returns (2023)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)The Event Study Methodology Since 1969 (1998)The Expiration of IPO Share Lockups (2001)The Reputational Penalties for Environmental Violations: Empirical Evidence (2005)Special Information and Insider Trading (1974)Applied Linear Statistical Models. (1975)Predisclosure Information, Firm Capitalization, and Security Price Behavior Around Earnings Announcements (1985)Event Study Testing with Cross-sectional Correlation of Abnormal Returns (2010)Celebrity Endorsements, Firm Value, and Reputation Risk: Evidence from the Tiger Woods Scandal (2013)The Role of Market Forces in Assuring Contractual Performance (1981)Giving Content to Investor Sentiment: The Role of Media in the Stock Market (2007)Bank funding stability, pricing strategies and the guidance of depositors (2014)A Note on Event Studies in Finance and Management Research (2015)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Estimating betas from nonsynchronous data (1977)A Review of IPO Activity, Pricing, and Allocations (2002)The determinants and survival of reverse mergers vs IPOs (2007)The Value of Capital Market Regulation: IPOs Versus Reverse Mergers (2012)A review of money laundering literature: the state of research in key areas (2020)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Measurement and Determinants of Brand Equity: A Financial Approach (1993)Market-Based Assets and Shareholder Value: A Framework for Analysis (1998)The effect of supply chain glitches on shareholder wealth (2003)One Security, Many Markets: Determining the Contributions to Price Discovery (1995)Dynamic Conditional Correlation (2002)Why Has IPO Underpricing Changed Over Time (2004)Corporate failures: Declines, collapses, and scandals (2021)The differential influence of social media sentiment on cryptocurrency returns and volatility during COVID-19 (2022)What drives DeFi prices? Investigating the effects of investor attention (2022)
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References

  • 1988Earnings information conveyed by dividend initiations and omissions828 cited
  • 1988Withdrawn Security Offerings391 cited
  • 1987Does it Pay to Change Your Company's Name? A Stock Market Perspective214 cited
  • 1992Standard Errors in Event Studies206 cited

Cited by

  • 2020The impact of blockchain related name changes on corporate performance123 cited
  • 2002The Valuation and Market Rationality of Internet Stock Prices104 cited
  • 2004Backing into being public: an exploratory analysis of reverse takeovers93 cited
  • 2007A review of the application of event studies in marketing75 cited
  • 2012What's in a “China” Name? A Test of Investor Attention Hypothesis62 cited
  • 2009What’s in a name? What leads a firm to change its name and what the new name foreshadows58 cited
  • 2006Risk and Return Around Bond Rating Changes: New Evidence From the Spanish Stock Market50 cited
  • 2022Brand actions and financial consequences: a review of key findings and directions for future research50 cited
  • 2014The name's the game: Does marketing impact the value of corporate name changes?50 cited
  • 2001Dotcom Mania: A Survey of Market Efficiency in the Internet Sector49 cited
  • 1997

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Corporate name change signaling in the services industry
46 cited
  • 2012Corporate brand name changes and business restructuring: is the relationship complementary or substitutive?45 cited
  • 2012The Sponsorship Effect: Do Sport Sponsorship Announcements Impact the Firm Value of Sponsoring Firms?43 cited
  • 2019Composite value index of trademark indicators41 cited
  • 2010Corporate name changes: Price reactions and long-run performance40 cited
  • 2004What’s in a Name? Evidence on Corporate Name Changes from the Australian Capital Market37 cited