COVID-19 and stock market volatility: An industry level analysis
S Baek, SK Mohanty, M Glambosky - Finance research letters, 2020 - Elsevier
COVID-19 has had significant impact on US stock market volatility. This study focuses on
understanding the regime change from lower to higher volatility identified with a Markov …
understanding the regime change from lower to higher volatility identified with a Markov …
Corporate activism during the 2022 Russian invasion of Ukraine
M Glambosky, S Peterburgsky - Economics letters, 2022 - Elsevier
We examine the market’s reaction to corporate activism in the context of the 2022 Russian
invasion of Ukraine. We document a negative reaction to the announcement of divestment …
invasion of Ukraine. We document a negative reaction to the announcement of divestment …
Stock market response to the statement on the purpose of a corporation: A vindication of stakeholder theory
Research Question/Issue On August 19, 2019, the Business Roundtable (2019) released a
statement signed by 181 chief executive officers (CEOs) of well‐known US corporations, in …
statement signed by 181 chief executive officers (CEOs) of well‐known US corporations, in …
The business-to-business relationship: examining Sri Lankan telecommunication operators and vendors
S Dasanayaka, O Al Serhan, M Glambosky… - Journal of Business & …, 2020 - emerald.com
Purpose This study aims to identify and analyze factors affecting the business-to-business (B2B)
relationship between Sri Lankan telecommunication operators and vendors. The …
relationship between Sri Lankan telecommunication operators and vendors. The …
Macroeconomic impact and stock returns' vulnerability by size, solvency, and financial distress
C Baek, S Baek, M Glambosky - Finance Research Letters, 2024 - Elsevier
We examine how firms' equity value, financing and credit quality respond to changing
macroeconomic indicators. We provide evidence that the value of small, low-credit quality, and …
macroeconomic indicators. We provide evidence that the value of small, low-credit quality, and …
Political risk and the factors that affect international bids
M Glambosky, K Gleason, M Murdock - Global Finance Journal, 2015 - Elsevier
This study examines the determinants of bidder returns, target premiums and the likelihood
of winning a bid in cross-border acquisitions. We identify how risk associated with the target …
of winning a bid in cross-border acquisitions. We identify how risk associated with the target …
[HTML][HTML] Machine learning and algorithmic pairs trading in futures markets
S Baek, M Glambosky, SH Oh, J Lee - Sustainability, 2020 - mdpi.com
This study applies machine learning methods to develop a sustainable pairs trading market-neutral
investment strategy across multiple futures markets. Cointegrated pairs with similar …
investment strategy across multiple futures markets. Cointegrated pairs with similar …
The wealth effects of mergers and acquisitions by dividend payers
We document a more favorable market reaction to the announcement of mergers and
acquisitions (M&As) by dividend-paying acquirers when compared to non-paying acquirers. …
acquisitions (M&As) by dividend-paying acquirers when compared to non-paying acquirers. …
Political risk and purchases of privatized state‐owned enterprises
MC Glambosky, KC Gleason, J Madura - Financial Review, 2010 - Wiley Online Library
We assess the valuation effects and risk for acquirers of privatized state‐owned enterprises (SOEs).
The valuation effects of purchasers are positive and significant; they increase for …
The valuation effects of purchasers are positive and significant; they increase for …
Macroeconomic shocks and stock market returns
We examine how structural macroeconomic disturbances impact US stock market returns.
Our analysis uncovers a significant negative correlation between stock market returns and …
Our analysis uncovers a significant negative correlation between stock market returns and …