scholarly journals Peer Effects at Work: The Common Stock Investments of Co-Workers

2012 ◽  
Author(s):  
Hans K. Hvide ◽  
Per Östberg
Keyword(s):  
Peer Effects ◽  
Common Stock ◽  
The Common ◽  
Stock Investments

Abnormal Returns from the Common Stock Investments of the U.S. Senate

2004 ◽  
Vol 39 (4) ◽  
pp. 661-676 ◽  
Author(s):  
Alan J. Ziobrowski ◽  
Ping Cheng ◽  
James W. Boyd ◽  
Brigitte J. Ziobrowski
Keyword(s):  
Financial Markets ◽  
Federal Government ◽  
Abnormal Returns ◽  
Common Stock ◽  
Decision Making Process ◽  
Government Decision ◽  
The Common ◽  
The Government ◽  
Stock Investments ◽  
The U.S

AbstractThe actions of the federal government can have a profound impact on financial markets. As prominent participants in the government decision making process, U.S. Senators are likely to have knowledge of forthcoming government actions before the information becomes public. This could provide them with an informational advantage over other investors. We test for abnormal returns from the common stock investments of members of the U.S. Senate during the period 1993–1998. We document that a portfolio that mimics the purchases of U.S. Senators beats the market by 85 basis points per month, while a portfolio that mimics the sales of Senators lags the market by 12 basis points per month. The large difference in the returns of stocks bought and sold (nearly one percentage point per month) is economically large and reliably positive.

scholarly journals Abnormal Returns From the Common Stock Investments of Members of the U.S. House of Representatives

2011 ◽  
Vol 13 (1) ◽  
pp. 1-22 ◽  
Author(s):  
Alan J. Ziobrowski ◽  
James W. Boyd ◽  
Ping Cheng ◽  
Brigitte J. Ziobrowski
Keyword(s):  
House Of Representatives ◽  
Abnormal Returns ◽  
Common Stock ◽  
Trading Activity ◽  
Corporate Insiders ◽  
The Common ◽  
Stock Investments ◽  
The U.S ◽  
Informational Advantage

A previous study suggests that U.S. Senators trade common stock with a substantial informational advantage compared to ordinary investors and even corporate insiders. We apply precisely the same methods to test for abnormal returns from the common stock investments of Members of the U.S. House of Representatives. We measure abnormal returns for more than 16,000 common stock transactions made by approximately 300 House delegates from 1985 to 2001. Consistent with the study of Senatorial trading activity, we find stocks purchased by Representatives also earn significant positive abnormal returns (albeit considerably smaller returns). A portfolio that mimics the purchases of House Members beats the market by 55 basis points per month (approximately 6% annually).

scholarly journals X. Observations upon the marine barometer, made during the examination of the coasts of New Holland and New South Wales, in the years 1801, 1802, and 1803

1806 ◽  
Vol 96 ◽  
pp. 239-266
Keyword(s):  
Complete System ◽  
New South ◽  
New South Wales ◽  
Common Stock ◽  
Reasonable Expectation ◽  
South Wales ◽  
The Common ◽  
Extended View

A fore-knowledge of the wind and weather is an object so very interesting to all classes of men, and the changes in the mercurial barometer affording the means which appear most conducive to it, a system that should with certainty explain the connection between the variations of the mercury and those in the atmosphere under all circumstances, becomes greatly desirable; to seamen, more especially, whose safety and success depend so much upon being duly prepared for changes of wind, and the approaching storm, it would be an acquisition of the first importance: in a more extended view, I may say, that the patriot and the philanthropist must join with the philosopher and the mariner in desiring its comple­tion. So long and widely-extended a course of observation, however, seems requisite to form even a basis for it, that a complete system is rather the object of anxious hope than of reasonable expectation. Much has been done towards it, but so much appears to remain, that any addition to the common stock, however small, or though devoid of philosophical accuracy, I have thought would be received by the learned with candour. With this prepossession, I venture to submit to them some observations upon the movement and state of the mercury upon the coasts of New Holland and New South Wales, the Terra Australis, or Australia, of the earlier charts.

scholarly journals The Impact of Human Capital on Stocks Performance in Emerging Markets: Evidence From Egypt

2020 ◽  
Vol 10 (1) ◽  
pp. 73
Author(s):  
Walid Abouzeid ◽  
Sharihan Mohamed Aly
Keyword(s):  
Human Capital ◽  
Emerging Markets ◽  
Banking Sector ◽  
The Other ◽  
Common Stock ◽  
General Tendency ◽  
Other Hand ◽  
The Common ◽  
The Impact ◽  
Statistical Results

This study attempts to investigate the impact of human capital on the common stock's return. The population of the study is Egyptian companies listed at the Egyptian exchange (EGX) due to 2014-2018. The statistical results indicate that there is a general tendency to change common stock's hold return to the corporation's human capital, and it is significant at 0.01 levels. In other terms, it can be stated that the corporation's human capital has a significant impact on common stock's hold return in the Egyptian corporation, and according to Adjusted R-squared the corporation's human capital explain a 57.8% from the change common stock's hold return.so; led to the impact of human capital on creating value of common stock. This can be traced back to investing in "the development and researches" on the other hand besides training, therefore medicine and technology companies get affected through these fields of development researches areas; however companies in industrial and banking sector get impacted by training field.

The Behavior of the Common Stock of Bankrupt Firms

1983 ◽  
Vol 38 (2) ◽  
pp. 489-504 ◽  
Author(s):  
TRUMAN A. CLARK ◽  
MARK I. WEINSTEIN
Keyword(s):  
Common Stock ◽  
The Common
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