This work discusses effects on the LSE caused by the publication of trading statements, that is, whether the effects occur and how. Based on a sample of 397 statements, disclosed between 2004 and 2013 in Perfect Information, we analysed the disclosing parties and their competitors, we created an annual breakdown of the effect of the statements, we isolated the consequent pre-financial crisis effect, and we separated the effects per business sector. We focussed on an 11-day period around the statement day. We concluded that the LSE is sensitive to disclosed trading statements.
Date of Award | 6 Jul 2016 |
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Original language | Portuguese |
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Awarding Institution | - Universidade Católica Portuguesa
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Supervisor | Paulo Alves (Supervisor) |
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- Information
- Trading statements
- Event studies
Impacto dos trading statements na London Stock Exchange
Fernandes, N. M. (Student). 6 Jul 2016
Student thesis: Master's Thesis