haku: @author Furbush, D. / yhteensä: 1
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| Tekijä: | Furbush, D. |
| Otsikko: | Program trading and price movement: Evidence from the October 1987 market crash. |
| Lehti: | Financial Management
1989 : AUTUMN, VOL. 18:3, p. 68-83 |
| Asiasana: | SHARE PRICES STOCKBROKING STOCK MARKETS PRICE LEVEL |
| Kieli: | eng |
| Tiivistelmä: | An examination of the relationship between programme trading and price movement, related to the 1987 Stock Market crash and stock-price movements in the 2-week period immediately after the crash. Open-market stock repurchases and repurchase programmes announced after the crash. Data and methodology. Abnormal stock-price performance and repurchase portfolios. Whether firms did repurchase after the crash. Insider transactions and data. Five Exhibits illustrate the study. |
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