AN ANALYSIS OF THE IMPACT OF PUBLISHED NEWS ON STOCK PRICES AND STOCK TRADING VOLUME.

Title: AN ANALYSIS OF THE IMPACT OF PUBLISHED NEWS ON STOCK PRICES AND STOCK TRADING VOLUME.
Identifier: AAI8629693
identifier: 8629693
Creator: GAUGHAN, PATRICK A.
Contributor: Michael Grossman
Date: 1986
Language: English
Publisher: City University of New York.
Subject: Economics, Finance
Abstract: This study analyzes the impact of firm specific news developments on stock prices and stock trading volume. A methodology is formulated to quantitatively measure the market value of news stories in dollars. The effects are also measured for certain sub-samples of news which vary in the form neutral to extreme news. The role of financial risk, as measured by a firm's beta, is also explored. In addition, the impact of the January anomaly is also considered.
Type: dissertation
Source: PQT Legacy CUNY.xlsx
degree: Ph.D.
Program: Economics

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