Professor Jon Tucker's Outputs (10)

Short run reaction to news announcements: UK evidence (2013)
Journal Article

In this paper we aim to investigate the behaviour of returns around corporate news announcements. The motivation of the paper is that neither the broad classification of news into “good” and “bad” in many previous studies, nor the focus on only one n... Read More about Short run reaction to news announcements: UK evidence.

Industry membership and capital structure dynamics in the UK (2011)
Journal Article

We examine the impact of industry membership on the capital structure dynamics of UK quoted firms over the period 1968 to 2006 by analysing how the components of common gearing ratios are adjusted in relation to one another. More specifically, if we... Read More about Industry membership and capital structure dynamics in the UK.

Financial crises: A culture of complacency (2010)
Journal Article

The aim of this paper is to consider the role of complacency in financial crises over the last two decades, with a closer look at the ongoing Subprime Mortgage Financial Crisis. The theme of complacency and the concept of financial crisis are both ex... Read More about Financial crises: A culture of complacency.

Target gearing in the UK: A triangulated approach (2010)
Journal Article

Purpose: The purpose of this study is to investigate the incidence of target gearing behaviour in firms as well as the drivers of such behaviour. Design/methodology/approach: The paper employs a triangulation approach across three methodological phas... Read More about Target gearing in the UK: A triangulated approach.

How to set the hurdle rate for capital investments (2009)
Book Chapter

EXECUTIVE SUMMARY
• There exists a wide range of approaches to setting the hurdle rate for capital investments.
• It is essential that we do not set the hurdle rate too high, thereby foregoing valuable investment opportunities, or too low, thereby... Read More about How to set the hurdle rate for capital investments.

Book review: Chris Mallin and Kean Ow-Yong, Corporate governance in alternative investment market (AIM) companies x+119pp., £15.00, Institute of Chartered Accountants of Scotland, Edinburgh, United Kingdom (2008) ISBN 978-1-904574-44-6 (2008)
Journal Article

Book review for the British Accounting Review

A simplified approach to modeling the CO-movement of asset returns (2007)
Journal Article

The authors propose a simplified multivariate GARCH (generalized autoregressive conditional heteroscedasticity) model (the S-GARCH model), which involves the estimation of only univariate GARCH models, both for the individual return series and for th... Read More about A simplified approach to modeling the CO-movement of asset returns.

A UK test of an inflation-adjusted Ohlson model (2005)
Journal Article

This paper conducts a UK test of a version of the Ohlson (1995) model. We should only expect abnormal earnings to revert to zero if the book value of assets is economically meaningful. In this paper we make use of the property revaluations common in... Read More about A UK test of an inflation-adjusted Ohlson model.

Practitioners' perspectives on the UK cost of capital (2004)
Journal Article

The aims of this study were to determine how UK finance practitioners derive and review the cost of capital, and to ascertain whether the final figure varied with the choice of method. To investigate behaviour in the real world a survey questionnaire... Read More about Practitioners' perspectives on the UK cost of capital.

Information asymmetry, small firm finance and the role of government (2001)
Journal Article