S&P 500 Index Additions and Earnings Expectations

Journal of Finance

Volumn 58, Issue 5, 2003, Pages 1821-1840

  Denis, Diane K ^a   McConnell, John J ^a   Ovtchinnikov, Alexei V ^a   Yu, Yun ^b  

^a PURDUE UNIVERSITY   (United States)

^b Wescott Financial Advisory Group LLC   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0142219304     PISSN: 00221082     EISSN: None     Source Type: Journal    
DOI: 10.1111/1540-6261.00589     Document Type: Review

References (17)

1. Bagwell, Laurie S., 1992, Dutch auction repurchases: An analysis of shareholder heterogeneity, Journal of Finance 47, 71-105.
2. Beneish, Messod D., and Robert E. Whaley, 1996, An anatomy of the "S&P Game": The effects of changing the rules, Journal of Finance 51, 1909-1930.
3. Brown, Lawrence, 2001, A temporal analysis of earnings surprises: Profits versus losses, Journal of Accounting Research 39, 221-241.
4. Diether, Karl B., Christopher J. Malloy, and Anna Scherbina, 2002, Differences of opinion and the cross section of stocks returns, Journal of Finance 57, 2113-2141.
5. Dhillon, Upinder, and Herb Johnson, 1991, Changes in the Standard and Poor's 500 List, Journal of Business 64, 75-85
6. Harris, Lawrence, and Eitan Gurel, 1986, Price and volume effects associated with changes in the S&P 500 list: New evidence for the existence of price pressures, Journal of Finance 41, 815-829.
7. Jain, Prem C., 1987, The effect on stock price of inclusion in or exclusion from the S&P 500, Financial Analysts Journal 43, 58-65.
8. Loderer, Claudio, John W. Cooney, and Leonard D. Van Drunen, 1991, The price elasticity of demand for common stock, Journal of Finance 46, 621-651.
9. Lynch, Anthony W., and Richard R. Mendenhall, 1997, New evidence on stock price effects associated with changes in the S&P 500 Index, Journal of Business 79, 351-383.
10. Masalis, Ronald W., 1980, The effects of capital structure change on security prices: A study of exchange offers, Journal of Financial Economics 8, 139-178.
11. Mikkelson, Wayne H., and M. Megan Partch, 1985, Stock price effects and costs of secondary distributions, Journal of Financial Economics 14, 165-194.
12. Richardson, Scott, Siew H. Teoh, and Peter D. Wysocki, 2001, The walkdown to beatable analysts forecasts: The roles of equity issuance and insider trading incentives, MIT Sloan Working Paper No. 4221-01.
13. Scholes, Myron S., 1972, The market for securities: Substitution versus price pressure and the effects of information on share price, Journal of Business 45, 179-211.
14. Shleifer, Andrei, 1986, Do demand curves for stocks slope down? Journal of Finance 41, 579-590.
15. Standard and Poor's, July 9, 2002a, Focusing the S&P 500 on U.S. large cap stocks and the removal of non-U.S. companies in the S&P 500. Press release.
16. Standard and Poor's, November 22, 2002b, Standard & Poor's Announces Changes in the S&P/TSX Venture Composite Index. Press release.
17. Wurgler, Jeffrey, and Ekaterina V. Zhuravskaya, 2002, Does arbitrage flatten demand curves for stocks?, Journal of Business 75, 583-608.