%0 Journal Article %J International Review of Financial Analysis %D 2015 %T The Effect of Ownership Structure on the Price Earnings Ratio-Returns Anomaly %A Houmes,Robert %A Chira,Inga %K Finance %B International Review of Financial Analysis %8 2015 %G eng %2 a %4 103855190016 %$ 103855190016 %0 Journal Article %J Applied Financial Economics %D 2014 %T Bad News and Bank Performance during the 2008 Financial Crisis %A Chira,Inga %K Finance %X The paper investigates market reaction to negative reports published by analysts and auditors for a sample of investment, commercial, and savings banks during the 2008 financial crisis and compares the results to non-crisis periods. The results show that during 2008, analysts' downgrades and underperformance reports resulted in stronger negative returns than during non-crisis periods and that investment banks experienced the worst stock price declines. The market reaction to auditors’ issues and going concern flags is different during the crisis as well. In non-crisis periods no reaction to auditors’ bad news is reported, while during the crisis there is a negative and significant reaction for investment banks only. Overall, the type of bank, investment versus commercial, significantly contributes to explaining the variability in returns during the financial crisis. %B Applied Financial Economics %V 24 %P 1-12 %8 2014 %G eng %N 18 %2 a %4 103855024128 %$ 103855024128 %0 Journal Article %J Journal of Economics and Business %D 2014 %T Risk Change during Crises: How do Purely Local Companies Differ from Cross-listed Firms? Evidence from the European Crisis of 2010-2012 %A Chira,Inga %K Finance %B Journal of Economics and Business %8 2014 %G eng %2 a %4 87630446592 %$ 87630446592 %0 Journal Article %J Journal of Applied Finance: theory, practice, education %D 2014 %T Special Dividend Distributions, Firm Characteristics, and Economic Conditions %A Chira,Inga %K Finance %B Journal of Applied Finance: theory, practice, education %8 2014 %G eng %2 a %4 87630465024 %$ 87630465024 %0 Journal Article %J Journal of Financial Stability %D 2013 %T Bank Exposure to Market Fear %A Chira,Inga %A Madura,I. %A Viale,A. %K Finance %B Journal of Financial Stability %V 9 %P 451-459 %8 2013 %G eng %N 4 %2 a %4 84290600960 %$ 84290600960 %0 Journal Article %J Journal of Economics and Finance %D 2013 %T The Impact of Governance Characteristics on the Stock Price of Cross Listed Companies %A Chira,Inga %K Finance %B Journal of Economics and Finance %8 2013 %G eng %2 a %4 84290791424 %$ 84290791424 %0 Journal Article %J Journal of Financial Research %D 2013 %T Impact of the Galleon Case on Informed Trading Before Merger Announcements %A Chira,Inga %A Madura,J. %K Finance %B Journal of Financial Research %V 36 %P 325-347 %8 2013 %G eng %N 3 %2 a %4 84290693120 %$ 84290693120 %0 Journal Article %J Journal of Economics and Finance Education %D 2011 %T Can Undergraduate Students Make Optimal Decisions about Student Loans? %A Chira,Inga %A Chiang,E. %A Houmes,R. %K Finance %B Journal of Economics and Finance Education %V 11 %P 1-14 %8 2011 %G eng %N 1 %2 a %4 84290875392 %$ 84290875392 %0 Journal Article %J Atlantic Economic Journal %D 2011 %T The Valuation Effect of Accounting Standard 158 on Firms with High and Low Financial Risk %A Houmes,B. %A Chira,Inga %A Boylan,B. %K Finance %B Atlantic Economic Journal %V 39 %P 47-57 %8 2011 %G eng %N 1 %2 a %4 84291035136 %$ 84291035136