Quarterly Journal of Business and Economics articles from June 1990

Quarterly Journal of Business and Economics archives from June 1990

Valuation effects of government contract awards.
June 22, 1990... Valuation Effects of Government Contract Awards Abstract This paper explores the effects of announcements of large government procurement contract awards on the common stock returns of award-winning firms using data obtained...

Common stock response to false signals from CreditWatch placement.
June 22, 1990... Common Stock Response to False Signals from CreditWatch Placement Abstract Placement of a fixed income security on Standard & Poor's CreditWatch list indicates that the issue is being reviewed for possible rerating. This ...

Explaining the January small firm effect by the interaction of procedurally rational investors and seasonal traders. (high returns at turn-of-the-year)
June 22, 1990... Explaining the January Small Firm Effect by the Interaction of Procedurally Rational Investors and Seasonal Traders Abstract The magnitude (but not the existence) of January excess returns on small and low priced stocks is...

An analysis of merger-induced nonstationarity in market model parameters of acquiring firms.
June 22, 1990... An Analysis of Merger-Induced Nonstationarity in Market Model Parameters of Acquiring Firms Abstract This paper formulates a modification of the market model methodology that allows direct testing for the impact of mergers on...

Low price stocks and the January effect.
June 22, 1990... Low Price Stocks and the January Effect(*) Abstract This study explores the role of per share price in identifying stocks particularly likely to outperform the market in January. It is found that low price stocks that...