Investor confusion and similarly identified securities

J.R. Davies, D.J. Hillier, J. Thamm

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

This paper extends the analysis of Rashes (2001) to examine the co-movement of prices for a sample of UK equity securities with similar ticker symbols and names. In contrast to Rashes (2001), we find only limited evidence of price changes that could be attributed to ticker symbol or name confusion. Our results suggest that any such confusion, if it exists at all, is most likely confined to very short time horizons and is not a systematic occurrence for similarly identified securities.
Original languageEnglish
Pages (from-to)693-711
Number of pages18
JournalAccounting and Finance
Volume47
Issue number4
DOIs
Publication statusPublished - 2007

Keywords

  • UK equity securities
  • securities
  • investors
  • shares
  • accountancy

Fingerprint Dive into the research topics of 'Investor confusion and similarly identified securities'. Together they form a unique fingerprint.

  • Cite this