IES Management College And Research Centre

Impact of Hindenburg Research Report on the Stock Prices of Adani Group Companies: An Event Study (Record no. 54773)

MARC details
000 -LEADER
fixed length control field 01670nam a22002057a 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20230914170104.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 230914b |||||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Mallesha L
9 (RLIN) 38576
245 ## - TITLE STATEMENT
Title Impact of Hindenburg Research Report on the Stock Prices of Adani Group Companies: An Event Study
300 ## - PHYSICAL DESCRIPTION
Extent 40-45 p.
520 ## - SUMMARY, ETC.
Summary, etc The present study investigates the impact of the Hindenburg Research report on the Adani Group’s stock prices. An event study analysis was conducted over a 21-daywindow period, including 10 days prior to, 10 days after and the day of the event. The results showed that the majority of average abnormal returns and cumulative average abnormal returns were statistically significant during the observation period, particularly in the post-event period. This indicates that the Hindenburg Research report had a significant impact on the stock prices of Adani Group companies. The findings suggest that the Indian stock market may not be efficient in its semi-strong form. Nonetheless, it was also noticed that the stock prices did not immediately respond to the information in the report. This study has significance for investors, firms, policymakers, and regulators as they can utilize it to evaluate such announcement effect on stock prices in the Indian stock market.
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Efficient market hypothesis,
Uncontrolled term Hindenburg Research report
Uncontrolled term event study,
Uncontrolled term market model
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Archana H. N.
9 (RLIN) 38577
773 0# - HOST ITEM ENTRY
Host Biblionumber 54744
Host Itemnumber 82897
Place, publisher, and date of publication New Delhi Sage Publications
Other item identifier 55513676
Title Asia-Pacific Journal of Management Research and Innovation
International Standard Serial Number 2319-510X
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Serial Enumeration / chronology Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 14/09/2023 Vol 19, No 1/ 55513676   Vol 19, No 1/ 55513676JA4 55513676JA4 14/09/2023 14/09/2023

Circulation Timings: Monday to Saturday: 8:30 AM to 9:30 PM | Sundays/Bank Holiday during Examination Period: 10:00 AM to 6:00 PM