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