Originally developed as a statistical tool for empirical research in accounting and finance,
event studies have since migrated to other disciplines as well, including economics, history …

This paper reviews, synthesizes, and critiques the capital market literature examining trading
volume around earnings announcements and other financial reports. Our purposes are to …

Elon Musk, one of the richest individuals in the world, is considered a technological
visionary and has a social network of over 110 million followers on social media platform …

The number of published event studies exceeds 500, and the literature continues to grow.
We provide an overview of event study methods. Short-horizon methods are quite reliable …

This article examines the issue of cross-sectional correlation in event studies. When there is
event-date clustering, we find that even relatively low cross-correlation among abnormal …

Because stock prices are not normally distributed, the power of nonparametric rank tests
dominate parametric tests in event study analyses of abnormal returns on a single day …

It is now a well-known fact that mergers and acquisitions (M&As) come in waves. Golbe and
White (1993) were among the first to observe empirically the cyclical pattern of M&A activity …

We provide the first simulation evidence of event-study test performance in multi-country non-
US samples. The nonparametric rank and generalized sign tests are more powerful than two …

This paper presents an in‐depth analysis of the performance of large, medium‐sized, and
small corporate takeovers involving Continental European and UK firms during the fifth …

Stablecoins are digital currencies that peg to non-volatile values, most commonly a fiat
currency. Unlike fiat currency, stablecoins are fully transparent—every transfer is recorded …