The sensitivity of Australian industry equity returns to a gold price factor
Article Abstract:
This paper investigates the extra-market sensitivity of Australian industry equity returns to a gold price factor over the period 1975 to 1994. We find, over the full sample period, that there has been a widespread sensitivity of Australian industry returns to gold price returns, over and above market returns. The sensitivity is found to be of positive sign for resource and mining sector industries, whereas it is of negative sign for the industrials sectors. Further, there appears to be a change in importance of the gold price factor over time, as reflected by a comparison of subperiod gold price sensitivity estimates. (Reprinted by permission of the publisher.)
Publication Name: Accounting and Finance
Subject: Business
ISSN: 0810-5391
Year: 1998
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Voluntary disclosure of information in a setting in which endowment of information has productive value
Article Abstract:
The impact of information disclosure policies of managers on a firm's productivity, when the disclosed information has significant value, is analyzed
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 2006
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Firm size and the information content of annual earnings announcements: Australian evidence
Article Abstract:
The impact of firm size on financial disclosure is examined.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 2005
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