The aim of this work is to check the effect of granting tag-along rights to stockholders by analyzing the behavior of the return of the stock. To do so we carried out event studies for a group of 21 company stocks, divided ...

Does active management add or destroy value? With a sample of 699 with four different main categories: stocks, fixed income, hedge and exchange rate mutual funds we conclude that the active management add value to investors ...

The subject insider trading is controversial. This paper presents series of event studies carried through on the trades with stocks of the firm carried by insiders with the objective to detect abnormal returns, based on ...

This paper examines the value of analysts’ recommendations in Brazilian Stock Market. We studied a sample of 294 weeks of recommendations make public by the best seller newspaper in Brazil with six different investment ...

This paper infers the impact the publication “Guia Exame” (the guide) has on the Brazilian fund industry, more specifically on the ability the concerned funds develop on attracting new investment. The impact is measured ...

O assunto insider trading é bastante polêmico há muito tempo, como, exemplo disto se tem o Securities Exchange Act of 1934 sobre Insider Trading nos Estados Unidos, e a discussão continua nos dias de hoje com casos como ...

Neste artigo são apresentadas duas medidas de desempenho de fundos mútuos de investimento baseadas nos índices de Sharpe Generalizado e de Sortino, que são ajustadas para o risco de estimação através de intervalos de ...