Does leverage level matter for return anomaly during rights issue announcements?: the case of Islamic countries
Purpose This paper aims to measure investors' perception of the rights issue announcement of publicly listed companies in five stock markets of Islamic countries. Then, these firms are grouped according to their debt level to examine whether abnormal returns are different from those that are hi...
Authors: | ; |
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Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Emerald Publishing Service
2021
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In: |
Islamic economic studies
Year: 2021, Volume: 28, Issue: 2, Pages: 141-155 |
Further subjects: | B
Return anomaly
B Event study methodology B Sharīʿah compliance B Announcement effect B Aufsatz in Zeitschrift B Leverage level B Rights issue |
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