{"id":"https://openalex.org/W2557512860","doi":"https://doi.org/10.1080/13571516.2016.1253186","title":"Corporate Name Change and the Market Valuation of Firms: Evidence from an Emerging Market","display_name":"Corporate Name Change and the Market Valuation of Firms: Evidence from an Emerging Market","publication_year":2016,"publication_date":"2016-11-30","ids":{"openalex":"https://openalex.org/W2557512860","doi":"https://doi.org/10.1080/13571516.2016.1253186","mag":"2557512860"},"language":"en","primary_location":{"id":"doi:10.1080/13571516.2016.1253186","doi":"https://doi.org/10.1080/13571516.2016.1253186","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13571516.2016.1253186","pdf_url":null,"source":{"id":"https://openalex.org/S35090897","display_name":"International Journal of the Economics of Business","issn_l":"1357-1516","issn":["1357-1516","1466-1829"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-20","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of the Economics of Business","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.25405/ncl.34296711","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5047721901","display_name":"Arpita Agnihotri","orcid":"https://orcid.org/0000-0002-9763-010X","observed_orcids":["https://orcid.org/0000-0002-9763-010X","https://orcid.org/0000-0003-2199-3358"]},"institutions":[{"id":"https://openalex.org/I918218293","display_name":"Northland College","ror":"https://ror.org/01hmaf534","country_code":"US","type":"education","lineage":["https://openalex.org/I918218293"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Arpita Agnihotri","raw_affiliation_strings":["Business Department, Northland College, 1400 Ellis Avenue, Ashland, 54806, WI, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Business Department, Northland College, 1400 Ellis Avenue, Ashland, 54806, WI, USA","institution_ids":["https://openalex.org/I918218293"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5091532890","display_name":"Saurabh Bhattacharya","orcid":"https://orcid.org/0000-0002-4202-8437","observed_orcids":["https://orcid.org/0000-0002-4202-8437"]},"institutions":[{"id":"https://openalex.org/I84884186","display_name":"Newcastle University","ror":"https://ror.org/01kj2bm70","country_code":"GB","type":"education","lineage":["https://openalex.org/I84884186"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Saurabh Bhattacharya","raw_affiliation_strings":["Marketing Department, Newcastle University Business School, 5 Barrack Road, Newcastle Upon Tyne, NE1 4SE, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Marketing Department, Newcastle University Business School, 5 Barrack Road, Newcastle Upon Tyne, NE1 4SE, UK","institution_ids":["https://openalex.org/I84884186"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5047721901","https://openalex.org/A5091532890"],"corresponding_institution_ids":["https://openalex.org/I84884186","https://openalex.org/I918218293"],"apc_list":null,"apc_paid":null,"fwci":2.7887,"has_fulltext":false,"cited_by_count":19,"citation_normalized_percentile":{"value":0.91240584,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":98},"biblio":{"volume":"24","issue":"1","first_page":"73","last_page":"90"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9077000021934509,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9077000021934509,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.0812000036239624,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12738","display_name":"Corporate Identity and Reputation","score":0.0052999998442828655,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-name-change","display_name":"corporate name change","score":0.9369999766349792},{"id":"https://openalex.org/keywords/company-names","display_name":"company names","score":0.5099999904632568},{"id":"https://openalex.org/keywords/abnormal-returns","display_name":"abnormal returns","score":0.8569999933242798},{"id":"https://openalex.org/keywords/investor-reaction","display_name":"investor reaction","score":0.6129999756813049},{"id":"https://openalex.org/keywords/behavioral-finance","display_name":"behavioral finance","score":0.8240000009536743},{"id":"https://openalex.org/keywords/surnames","display_name":"surnames","score":0.6110000014305115},{"id":"https://openalex.org/keywords/firm-age","display_name":"firm age","score":0.9279999732971191},{"id":"https://openalex.org/keywords/indian-firms","display_name":"Indian companies","score":0.5490000247955322},{"id":"https://openalex.org/keywords/emerging-markets","display_name":"emerging markets","score":0.7570000290870667}],"concepts":[{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.6602337956428528},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4974572956562042},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.48143690824508667},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.47897008061408997},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.4479061961174011},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.44296756386756897},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.28287380933761597},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1080/13571516.2016.1253186","doi":"https://doi.org/10.1080/13571516.2016.1253186","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13571516.2016.1253186","pdf_url":null,"source":{"id":"https://openalex.org/S35090897","display_name":"International Journal of the Economics of Business","issn_l":"1357-1516","issn":["1357-1516","1466-1829"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-20","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of the Economics of Business","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:ijecbs:v:24:y:2017:i:1:p:73-90","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/13571516.2016.1253186","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"doi:10.25405/ncl.34296711","doi":"https://doi.org/10.25405/ncl.34296711","is_oa":true,"landing_page_url":"https://doi.org/10.25405/ncl.34296711","pdf_url":null,"source":{"id":"https://openalex.org/S4306402485","display_name":"Newcastle University ePrints (Newcastle Univesity)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I84884186","host_organization_name":"Newcastle University","host_organization_lineage":["https://openalex.org/I84884186"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"JournalArticle"},{"id":"doi:10.25405/ncl.34296711.v1","doi":"https://doi.org/10.25405/ncl.34296711.v1","is_oa":true,"landing_page_url":"https://doi.org/10.25405/ncl.34296711.v1","pdf_url":null,"source":{"id":"https://openalex.org/S4306402485","display_name":"Newcastle University ePrints (Newcastle Univesity)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I84884186","host_organization_name":"Newcastle University","host_organization_lineage":["https://openalex.org/I84884186"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"JournalArticle"}],"best_oa_location":{"id":"doi:10.25405/ncl.34296711","doi":"https://doi.org/10.25405/ncl.34296711","is_oa":true,"landing_page_url":"https://doi.org/10.25405/ncl.34296711","pdf_url":null,"source":{"id":"https://openalex.org/S4306402485","display_name":"Newcastle University ePrints (Newcastle Univesity)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I84884186","host_organization_name":"Newcastle University","host_organization_lineage":["https://openalex.org/I84884186"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"JournalArticle"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":70,"referenced_works":["https://openalex.org/W74101598","https://openalex.org/W180725672","https://openalex.org/W578377482","https://openalex.org/W629902810","https://openalex.org/W1512455622","https://openalex.org/W1541160150","https://openalex.org/W1561205383","https://openalex.org/W1595747346","https://openalex.org/W1971071213","https://openalex.org/W1973566965","https://openalex.org/W1978404073","https://openalex.org/W1987224397","https://openalex.org/W2002753871","https://openalex.org/W2005244413","https://openalex.org/W2010385788","https://openalex.org/W2012355556","https://openalex.org/W2013316207","https://openalex.org/W2018362881","https://openalex.org/W2025621501","https://openalex.org/W2027597802","https://openalex.org/W2029940518","https://openalex.org/W2034123127","https://openalex.org/W2035782089","https://openalex.org/W2043787485","https://openalex.org/W2056130408","https://openalex.org/W2056533510","https://openalex.org/W2059501504","https://openalex.org/W2060480027","https://openalex.org/W2060508238","https://openalex.org/W2068268359","https://openalex.org/W2069008056","https://openalex.org/W2069309635","https://openalex.org/W2078283037","https://openalex.org/W2085807417","https://openalex.org/W2092120460","https://openalex.org/W2094136133","https://openalex.org/W2096296573","https://openalex.org/W2102289125","https://openalex.org/W2102424950","https://openalex.org/W2109955173","https://openalex.org/W2110907425","https://openalex.org/W2125659641","https://openalex.org/W2133469585","https://openalex.org/W2140173295","https://openalex.org/W2154478757","https://openalex.org/W2156122529","https://openalex.org/W2186459342","https://openalex.org/W2298363741","https://openalex.org/W2333930280","https://openalex.org/W2586119157","https://openalex.org/W2588028973","https://openalex.org/W3011865677","https://openalex.org/W3022067204","https://openalex.org/W3121275856","https://openalex.org/W3121482795","https://openalex.org/W3122304913","https://openalex.org/W3122445587","https://openalex.org/W3122563224","https://openalex.org/W3122843332","https://openalex.org/W3123150828","https://openalex.org/W3123190435","https://openalex.org/W3123385249","https://openalex.org/W3123649880","https://openalex.org/W3123726474","https://openalex.org/W3123992475","https://openalex.org/W3124082399","https://openalex.org/W3124447204","https://openalex.org/W3125017003","https://openalex.org/W4254270929","https://openalex.org/W4300168938"],"related_works":["https://openalex.org/W2604661021","https://openalex.org/W3158614764","https://openalex.org/W2976424600","https://openalex.org/W1971071213","https://openalex.org/W2002753871","https://openalex.org/W3214051241","https://openalex.org/W1982097367","https://openalex.org/W4393122206","https://openalex.org/W336468551","https://openalex.org/W2034123127"],"abstract_inverted_index":{"Investors\u2019":[0],"responses":[1],"to":[2,33,42,116],"a":[3,25,66,102],"firm\u2019s":[4],"name":[5,47,63,117],"change":[6,118],"and":[7,64,86,105],"the":[8,18,43,50,62,73,90],"determinants":[9],"of":[10,20,27,45],"their":[11],"response":[12],"are":[13,84,87,98],"scantly":[14],"explored":[15],"areas":[16],"in":[17,61],"field":[19],"behavioral":[21],"finance.":[22],"Based":[23],"on":[24],"sample":[26],"415":[28],"Indian":[29],"firms":[30,55],"from":[31],"2005":[32],"2014,":[34],"this":[35],"study":[36,51],"suggests":[37],"that":[38,53],"investors":[39,106],"respond":[40],"positively":[41],"announcement":[44],"firm":[46,74,82,103],"changes.":[48],"Furthermore,":[49],"indicates":[52],"when":[54,81],"do":[56],"not":[57],"indicate":[58],"geographical":[59],"specificity":[60],"have":[65],"specific":[67],"rather":[68],"than":[69],"generic":[70],"name,":[71,93],"then":[72,112],"will":[75],"experience":[76],"greater":[77],"abnormal":[78,95,113],"returns.":[79],"Also,":[80],"names":[83],"fluent":[85],"associated":[88],"with":[89],"owner\u2019s":[91],"family":[92],"again,":[94],"returns":[96,114],"generated":[97],"positive.":[99],"Nevertheless,":[100],"as":[101],"ages":[104],"gain":[107],"more":[108],"information":[109],"about":[110],"it,":[111],"due":[115],"decrease.":[119]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":4},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":3}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-12-08T00:00:00"}