Market reactions to changes in the Dow Jones industrial average index

EN Biktimirov, Y Xu - International Journal of Managerial Finance, 2019 - emerald.com
Purpose The purpose of this paper is to examine changes in stock returns, liquidity,
institutional ownership, analyst following and investor awareness for companies added to …

In defense of investing in individual securities

TL Zivney, JP Hoban Jr - Journal of Financial Counseling and …, 2001 - search.proquest.com
Several papers have shown that very low turnover of assets within the mutual fund is the key
to high tax efficiency. In contrast, Constantinides (1984) prescribes a nearly 100% annual …