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Volumn 2, Issue 1, 1998, Pages 1-16

The stock market reaction to investment decisions: Evidence from Italy

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Indexed keywords


EID: 12444267424     PISSN: 13853457     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1009945224561     Document Type: Article
Times cited : (9)

References (17)
  • 1
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    • The Quasi-Split Effect, Active Insiders and The Italian Market Reaction to Equity Rights Issues
    • Bigelli, M. (1998). The Quasi-Split Effect, Active Insiders and The Italian Market Reaction to Equity Rights Issues. European Financial Management 4: 185-206.
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    • Bigelli, M.1
  • 2
    • 69649085248 scopus 로고    scopus 로고
    • Equity Rights Issues and Differential Returns Between the Voting and Non-Voting Classes of Shares: Evidence from Italy
    • Working paper presented at the AFFI Conference 1996 and at the EFA Conference 1996
    • Bigelli, M. & Caprio, L. (1996). Equity Rights Issues and Differential Returns Between the Voting and Non-Voting Classes of Shares: Evidence from Italy. Working paper presented at the AFFI Conference 1996 and at the EFA Conference 1996.
    • (1996)
    • Bigelli, M.1    Caprio, L.2
  • 4
  • 6
    • 0001683216 scopus 로고
    • Organizational Forms and Investment Decisions
    • Fama, E. F. & Jensen, M. (1985). Organizational Forms and Investment Decisions. Journal of Financial Economics 14: 101-119.
    • (1985) Journal of Financial Economics , vol.14 , pp. 101-119
    • Fama, E.F.1    Jensen, M.2
  • 7
    • 69649085376 scopus 로고    scopus 로고
    • Cross-Sectional Variation in the Stock Market's Reaction to Long Term Corporate Investment Decisions
    • Working paper presented at the NFA Conference 1996
    • Huson, M., Morck, R., Smith, G. & Yu, W. (1996). Cross-Sectional Variation in the Stock Market's Reaction to Long Term Corporate Investment Decisions. Working paper presented at the NFA Conference 1996.
    • (1996)
    • Huson, M.1    Morck, R.2    Smith, G.3    Yu, W.4
  • 8
    • 0001066475 scopus 로고
    • Agency Costs of Free Cash Flows, Corporate Finance and Takeovers
    • Jensen,M. C. (1986). Agency Costs of Free Cash Flows, Corporate Finance and Takeovers. American Economic Review 76: 323-329.
    • (1986) American Economic Review , vol.76 , pp. 323-329
    • Jensen, M.C.1
  • 9
    • 84939634380 scopus 로고
    • Corporate Combinations and Common Stock Returns: The case of Joint Ventures
    • McConnell, J. J. & Nantell, T. J. (1985). Corporate Combinations and Common Stock Returns: The case of Joint Ventures. Journal of Finance 40: 519-536.
    • (1985) Journal of Finance , vol.40 , pp. 519-536
    • McConnell, J.J.1    Nantell, T.J.2
  • 10
    • 0001641008 scopus 로고
    • Corporate Capital Expenditure Decisions and the Market Value of a Firm
    • McConnel, J. J. & Muscarella, C. J. (1985). Corporate Capital Expenditure Decisions and the Market Value of a Firm. Journal of Financial Economics 14: 399-422.
    • (1985) Journal of Financial Economics , vol.14 , pp. 399-422
    • McConnel, J.J.1    Muscarella, C.J.2
  • 12
    • 0026916527 scopus 로고
    • Capital Disadvantage: America's Failing Capital Investment System
    • September-October
    • Porter, M. E. (1992b). Capital Disadvantage: America's Failing Capital Investment System. Harvard Business Review, September-October: 65-82.
    • (1992) Harvard Business Review , pp. 65-82
    • Porter, M.E.1
  • 13
  • 14
    • 84960562707 scopus 로고
    • Efficient Capital Markets, Inefficient firms: A Model of Myopic Corporate Behavior
    • Stein, J. C. (1988). Efficient Capital Markets, Inefficient firms: A Model of Myopic Corporate Behavior. Quarterly Journal of Economics November: 655-669.
    • (1988) Quarterly Journal of Economics , pp. 655-669
    • Stein, J.C.1
  • 15
    • 0002375145 scopus 로고
    • Competitive Decline and Corporate Restructuring: Is a Myopic Stock Market to Blame?
    • Woolridge, J. R. (1988). Competitive Decline and Corporate Restructuring: Is a Myopic Stock Market to Blame? Journal of Applied Corporate Finance: 26-36.
    • (1988) Journal of Applied Corporate Finance , pp. 26-36
    • Woolridge, J.R.1
  • 16
    • 84989132939 scopus 로고
    • Stock Market Reaction to Strategic Investment Decisions
    • Woolridge, J. R. & Snow, C. (1990). Stock Market Reaction to Strategic Investment Decisions. Strategic Management Journal 11: 353-363.
    • (1990) Strategic Management Journal , vol.11 , pp. 353-363
    • Woolridge, J.R.1    Snow, C.2
  • 17
    • 21344488480 scopus 로고
    • The Value of the Voting Right: A Study of the Milan Stock Exchange Experience
    • Zingales, L. (1994). The Value of the Voting Right: A Study of the Milan Stock Exchange Experience. Review of Financial Studies 7: 125-148.
    • (1994) Review of Financial Studies , vol.7 , pp. 125-148
    • Zingales, L.1


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