Scientific articles

• Revolving doors: are the valued in the Spanish stock market?

  Farinos, J.E., Garcia, C.J., Herrero, B. e Ibánez, A.M.

  (2016).Article

  Academia Revista Latinoamericana de Administración. No.Vol. 29, nº 2, pp. 147-164

• Volatility spillovers in the European bank CDS market. Finance Research Letters

  Alemany, A., Ballester, L. and González-Urteaga, A.

  (2015).Article

  Vol. 13, 137-147

• Do acquirers’ stock prices fully react to the acquisition announcement of listed vs. unlisted target firms? Out–of–sample evidence from Spain

  Latorre, M.A., B. Herrero y J.E. Farinós

  (2014).Participació en congressos

  Social Science Research Network.

• Options and Accounting Information: Empirical Evidence in Stock and Derivative Markets

  García Martín, C.J.; B. Herrero Piqueras and A.M. Ibáñez Escribano

  (2014).Participació en congressos

  SSRN.

• What makes carbon traders cluster their orders?

  Palao, Fernando and Ángel Pardo

  (2014).

  Energy Economics. No.pp. 158-165

• The Timeline of Trading Frictions in the European Carbon Market

  Medina, Vicente; Ángel Pardo y Roberto Pascual

  (2014).Article

  Energy Economics. No.42, 378–394

• Do acquirers’ stock prices fully react to the acquisition announcement of listed versus unlisted target firms? Out-of-sample evidence from Spain

  Latorre, M.A., B. Herrero y J.E. Farinós

  (2014).Article

  Applied Economics Letters. No.21:15, 1075-1078

  Previous results are ambiguous about whether prices fully reflect value creation or destruction at the time of the acquisition announcement when samples are split into listed and unlisted target firms. We find that the Spanish market fully reacts to the acquisition announcement (showing value creation only for unlisted target firm acquisitions), except for the smallest bidders of public targets since we find significant positive abnormal returns for a 24-month post-acquisition window. This evidence is consistent with investors extrapolating the performance of large acquirers of public firm to smaller ones and, therefore, only identifying value creation in the long term.

  DOI: https://doi.org/10.1080/13504851.2014.909566

• Information and Investor Behavior Surrounding Earnings Announcements

  García, C.José, Herrero, Begoña and Ana M. Ibáñez

  (2014).Article

  Journal of Behavioral Finance.

• El efecto del Anuncio de Beneficios cuando cotizan acciones: Un estudio conjunto del mercado de contado y el mercado de opciones

  García Martín, C.J.; B. Herrero Piqueras and A.M. Ibáñez Escribano

  (2013).Participació en congressos

  XXVII Annual Conference of the European Academy of Management and Business Economics.

• Value creation when acquiring public vs private firms. Spanish evidence

  Farinós, J.E., B. Herrero y M.A. Latorre

  (2013).Participació en congressos

  Social Science Research Network.