CEU Electronic Theses and Dissertations, 2008
| Author | Jazepcikaite, Vaida |
|---|---|
| Title | Baltic Stock Exchanges Mergers: the Effects on the Market Efficiency Dynamics |
| Summary | This paper is to analyze how the change of ownership structure in the Baltic Stock Exchanges affected market efficiency and whether the stock markets react efficiently to the various news announcements and it is possible to earn profits from the market inefficiencies. The standard event-study methodology with daily trading data from 2001 to 2008 is used to examine the market efficiency of the Riga, Tallinn, and Vilnius Stock Exchanges by investigating the abnormal returns performances surrounding the corporate news announcements. |
| Supervisor | Gabor Korosi |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2008/jazepcikaite_vaida.pdf |
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