Weekend Effect On Hibor: Test Of A Structural Change
Seasonality has been one of the popular issues in the finance literature. Fama (1965) is one of the earlier researchers who reported seasonality in stock markets. Using the US data, Fama found that the variance on Monday is greater than that for other days. Cross (1973) also showed that negative...
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Format: | Article |
Language: | English |
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Asian Academy of Management (AAM)
1996
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Online Access: | http://eprints.usm.my/35306/1/1-1-6.pdf |
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author | Y. N. Tang, Gordon S. C. Mak, Billy |
author_facet | Y. N. Tang, Gordon S. C. Mak, Billy |
author_sort | Y. N. Tang, Gordon |
collection | USM |
description | Seasonality has been one of the popular issues in the finance literature. Fama
(1965) is one of the earlier researchers who reported seasonality in stock
markets. Using the US data, Fama found that the variance on Monday is greater
than that for other days. Cross (1973) also showed that negative Monday returns
exist in the US stock market. French (1980), Keim and Stambaugh (1984), and
Cornell (1985) provided recent evidences on seasonality on stock markets. |
first_indexed | 2024-03-06T15:05:03Z |
format | Article |
id | usm.eprints-35306 |
institution | Universiti Sains Malaysia |
language | English |
last_indexed | 2024-03-06T15:05:03Z |
publishDate | 1996 |
publisher | Asian Academy of Management (AAM) |
record_format | dspace |
spelling | usm.eprints-353062017-07-04T04:31:47Z http://eprints.usm.my/35306/ Weekend Effect On Hibor: Test Of A Structural Change Y. N. Tang, Gordon S. C. Mak, Billy HD28-70 Management. Industrial Management Seasonality has been one of the popular issues in the finance literature. Fama (1965) is one of the earlier researchers who reported seasonality in stock markets. Using the US data, Fama found that the variance on Monday is greater than that for other days. Cross (1973) also showed that negative Monday returns exist in the US stock market. French (1980), Keim and Stambaugh (1984), and Cornell (1985) provided recent evidences on seasonality on stock markets. Asian Academy of Management (AAM) 1996 Article PeerReviewed application/pdf en http://eprints.usm.my/35306/1/1-1-6.pdf Y. N. Tang, Gordon and S. C. Mak, Billy (1996) Weekend Effect On Hibor: Test Of A Structural Change. Asian Academy of Management Journal (AAMJ), 1 (1). pp. 1-9. ISSN 1394-2603 http://web.usm.my/aamj/1.1.1996/1-1-6.pdf |
spellingShingle | HD28-70 Management. Industrial Management Y. N. Tang, Gordon S. C. Mak, Billy Weekend Effect On Hibor: Test Of A Structural Change |
title | Weekend Effect On Hibor: Test Of A
Structural Change |
title_full | Weekend Effect On Hibor: Test Of A
Structural Change |
title_fullStr | Weekend Effect On Hibor: Test Of A
Structural Change |
title_full_unstemmed | Weekend Effect On Hibor: Test Of A
Structural Change |
title_short | Weekend Effect On Hibor: Test Of A
Structural Change |
title_sort | weekend effect on hibor test of a structural change |
topic | HD28-70 Management. Industrial Management |
url | http://eprints.usm.my/35306/1/1-1-6.pdf |
work_keys_str_mv | AT yntanggordon weekendeffectonhibortestofastructuralchange AT scmakbilly weekendeffectonhibortestofastructuralchange |