Effect of the Annual Financial Results on the Stock Price

The paper analyzes the variation of the stock price as an effect of the publication of the financial statements by the companies listed on the stock exchange. Starting from the general methodology of an event study analysis, the empirical research is supported by a parameter generalization module...

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Bibliographic Details
Main Author: Mitica Pepi
Format: Article
Language:English
Published: Ovidius University Press 2024-02-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/ENG/wp-content/uploads/2024/02/32.pdf
Description
Summary:The paper analyzes the variation of the stock price as an effect of the publication of the financial statements by the companies listed on the stock exchange. Starting from the general methodology of an event study analysis, the empirical research is supported by a parameter generalization module and one for the optimization of internal variables. The main conclusion based on a sample of events, being the significant impact of Annual financial statements on share prices.
ISSN:2393-3127