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dc.contributor.authorQureshi, Muhammad Azeemen_US
dc.contributor.authorAbdullah, Alien_US
dc.contributor.authorImdadullah, Muhammaden_US
dc.date.accessioned2013-10-10T11:30:54Z
dc.date.available2013-10-10T11:30:54Z
dc.date.issued2012en_US
dc.identifier.citationQureshi, M. A., Abdullah, A., & Imdadullah, M. (2012). Stock Prices’ Variability around Earnings Announcement Dates at Karachi Stock Exchange. Economics Research International, 2012.en_US
dc.identifier.issn2090-2123en_US
dc.identifier.otherFRIDAID 941750en_US
dc.identifier.urihttps://hdl.handle.net/10642/1648
dc.description.abstractThe purpose of this study is to investigate how earnings announcement event affects stock returns at Karachi Stock Exchange (KSE). For this purpose we use the KSE-100 Index as our sample. We use the CAR Analysis to analyze the impact of earnings announcement over the stock returns around announcement dates. Our results suggest that KSE experiences abnormal stock returns around earnings announcement dates for the overall market and for different categories which indicate that efficient market hypothesis does not hold in Pakistani market and point out the presence of informational dissemination inefficiencies in the marketen_US
dc.language.isoengen_US
dc.publisherHindawi Publishing Corporationen_US
dc.relation.ispartofseriesEconomics Research International;2012en_US
dc.subjectKarachi Stock Exchangeen_US
dc.subjectEarnings announcementen_US
dc.subjectCAR Analysisen_US
dc.titleStock prices’ variability around earnings announcement dates at Karachi Stock Exchangeen_US
dc.typeJournal articleen_US
dc.typePeer revieweden_US
dc.description.versionCopyright © 2012 Muhammad Azeem Qureshi et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited
dc.identifier.doihttp://dx.doi.org/10.1155/2012/463627


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