User profiles for George P. Tsetsekos
George TsetsekosFrancis Professor of Finance Drexel University Verified email at drexel.edu Cited by 1893 |
The valuation of corporate R&D expenditures: Evidence from investment opportunities and free cash flow
SH Szewczyk, GP Tsetsekos, Z Zantout - Financial Management, 1996 - JSTOR
We examine the role of investment opportunities and free cash flow in explaining R&D-induced
abnormal returns. After controlling for firm size, financial leverage, dividend yield, …
abnormal returns. After controlling for firm size, financial leverage, dividend yield, …
Long‐run diversification potential in emerging stock markets
RA DeFusco, JM Geppert, GP Tsetsekos - Financial Review, 1996 - Wiley Online Library
In this paper we use cointegration tests to examine the long‐run diversification potential of
13 emerging capital markets. The Johansen [18] and Johansen and Juselius [19] …
13 emerging capital markets. The Johansen [18] and Johansen and Juselius [19] …
The wealth effects of announcements of R&D expenditure increases
ZZ Zantout, GP Tsetsekos - Journal of Financial Research, 1994 - Wiley Online Library
We examine the effect of announcements of plans to increase R&D expenditures on the
stock price of rival firms. We test two alternative hypotheses: the first‐to‐innovate hypothesis …
stock price of rival firms. We test two alternative hypotheses: the first‐to‐innovate hypothesis …
State intervention in the market for corporate control: The case of Pennsylvania Senate Bill 1310
SH Szewczyk, GP Tsetsekos - Journal of Financial Economics, 1992 - Elsevier
This study investigates the impact of Pennsylvania Senate Bill 1310 on the share prices of
Pennsylvania corporations. Considered the most severe of the second-generation …
Pennsylvania corporations. Considered the most severe of the second-generation …
A survey of stock repurchase motivations and practices of major US corporations
GP Tsetsekos, DJ Kaufman Jr… - Journal of Applied …, 1991 - clutejournals.com
This study reports the findings of a comprehensive mail questionnaire survey of the stock
repurchase programs of major US corporations. Emphasis is placed on understanding the …
repurchase programs of major US corporations. Emphasis is placed on understanding the …
Institutional ownership and the liquidity of common stock offerings
SH Szewczyk, GP Tsetsekos, R Varma - Financial Review, 1992 - Wiley Online Library
This paper investigates the extent to which institutional ownership of equity affects the market's
response to announcements of new issues of common stock. We find that the absolute …
response to announcements of new issues of common stock. We find that the absolute …
Foreign and domestic divestments: Evidence on valuation effects of plant closings
GP Tsetsekos, MJ Gombola - Journal of International Business Studies, 1992 - Springer
This study examines the valuation consequences of domestic and foreign divestments by
comparing the stock price reaction to announcements of domestic plant closings and foreign …
comparing the stock price reaction to announcements of domestic plant closings and foreign …
The information content of plant closing announcements: Evidence from financial profiles and the stock price reaction
MJ Gombola, GP Tsetsekos - Financial management, 1992 - JSTOR
This study demonstrates that a plant closing announcement provides information not just for
the plant being closed but also for other operations and the firm as a whole. An examination …
the plant being closed but also for other operations and the firm as a whole. An examination …
The differentiation of'emerging'equity markets
PC Kumar, GP Tsetsekos - Applied Financial Economics, 1999 - Taylor & Francis
We argue that ‘emerging’ security markets, as defined by IFC, have characteristics differentiated
from their counterparts in industrialized nations not only due to differential levels of …
from their counterparts in industrialized nations not only due to differential levels of …
The effect of managerial ownership on stock split‐induced abnormal returns
SH Szewczyk, GP Tsetsekos - Financial Review, 1993 - Wiley Online Library
This paper tests the proposition that split announcements are informative signals that play a
greater information role for widely held firms. We present evidence for an inverse …
greater information role for widely held firms. We present evidence for an inverse …