Explaining share price performance of football clubs listed on the Euronext Lisbon

Detalhes bibliográficos
Autor(a) principal: Ferreira, Nuno Alexandre Abrantes
Data de Publicação: 2005
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/17741
Resumo: Mestrado em Economia Monetária e Financeira
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spelling Explaining share price performance of football clubs listed on the Euronext LisbonEconomics of sportsSoccer club valuationShare price reactionsMestrado em Economia Monetária e FinanceiraThe literature concerning the effects of sporting performance on football shares is scarce. Football clubs used to be non-profit organisations and their members had different rights and views from those which affect today's shareholders' perspectives and analysis. We were particularly concerned with sporting performance and how it impacts on share price returns for football clubs. Using the football shares quoted in Euronext Lisbon Stock Exchange and the ARCH and GARCH methodology we found a positive relationship between stock price returns and sporting performance. Therefore, we could provide empírica! evidence for immediate impact of victories, draws or defeats on price returns. We also found that impact to be related to the approach of the end of the season. This is in line with previous research on the topic, although using a different methodology. When we look at volatility, apart from showing strong clustering signs, a criticai variable seems to be the trading volume around the stock that comes with the end of the season.Duque, João Luís CorreiaRepositório da Universidade de LisboaFerreira, Nuno Alexandre Abrantes2019-04-17T13:51:02Z2005-042005-04-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.5/17741engFerreira, Nuno Alexandre Abrantes (2005). " Explaining share price performance of football clubs listed on the Euronext Lisbon". Dissertação de Mestrado, Universidade Técnica de Lisboa. Instituto Superior de Economia e Gestãoinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:47:24Zoai:www.repository.utl.pt:10400.5/17741Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:02:55.265943Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Explaining share price performance of football clubs listed on the Euronext Lisbon
title Explaining share price performance of football clubs listed on the Euronext Lisbon
spellingShingle Explaining share price performance of football clubs listed on the Euronext Lisbon
Ferreira, Nuno Alexandre Abrantes
Economics of sports
Soccer club valuation
Share price reactions
title_short Explaining share price performance of football clubs listed on the Euronext Lisbon
title_full Explaining share price performance of football clubs listed on the Euronext Lisbon
title_fullStr Explaining share price performance of football clubs listed on the Euronext Lisbon
title_full_unstemmed Explaining share price performance of football clubs listed on the Euronext Lisbon
title_sort Explaining share price performance of football clubs listed on the Euronext Lisbon
author Ferreira, Nuno Alexandre Abrantes
author_facet Ferreira, Nuno Alexandre Abrantes
author_role author
dc.contributor.none.fl_str_mv Duque, João Luís Correia
Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Ferreira, Nuno Alexandre Abrantes
dc.subject.por.fl_str_mv Economics of sports
Soccer club valuation
Share price reactions
topic Economics of sports
Soccer club valuation
Share price reactions
description Mestrado em Economia Monetária e Financeira
publishDate 2005
dc.date.none.fl_str_mv 2005-04
2005-04-01T00:00:00Z
2019-04-17T13:51:02Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/17741
url http://hdl.handle.net/10400.5/17741
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Ferreira, Nuno Alexandre Abrantes (2005). " Explaining share price performance of football clubs listed on the Euronext Lisbon". Dissertação de Mestrado, Universidade Técnica de Lisboa. Instituto Superior de Economia e Gestão
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