Non-linear relationship between control ownership and cumulative abnormal return: A new predictive tool for firms’ performance
Gholamreza Zandi,
Nik Khadijah Nik Abdul Rahman,
Imran Ahmed Shahzad
et al.
Abstract:Purpose: The primary aim of the paper was to find out the non-linear relationship between ownership structure and the Cumulative Abnormal Return (CAR) of companies listed on the Muscat Stock Exchange (MSE) from 2013 to 2020.
Design/Methodology/Approach: The Cumulative Abnormal Return (CAR) has been implied to determine the accuracy and ability of investors to predict stock performance and select an investment basket.
Findings: The effect of Control Ownership (CO) on Cumulative Abnormal Return (CAR)… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.