Essays about: "Ivaylo Dimitrov"

Found 1 essay containing the words Ivaylo Dimitrov.

  1. 1. The effect of changes in equity index composition on stock price: The case of the S&P/ASX 20, 50, and MidCap 50

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Ivaylo Dimitrov; [2019]
    Keywords : Index effect; S P ASX 20; S P ASX 50; S P ASX MidCap 50; Event study; Business and Economics;

    Abstract : This paper is aimed at evaluating the index effect for the Australian blue-chip and midcap indices using changes in index composition from the S&P/ASX 20, 50 and MidCap 50. For the midcap index I find significant CAARs for the period prior to the announcement period which would signify that market participants anticipate the changes to index composition and possibly try to exploit the already еstablished in literature phenomenon that is the index effect. READ MORE