Abstract
The study examines the impact of the corporate name change on stock prices. By employing the event study methodology, efforts have been made to analyze how the market reacts to the corporate name change of companies during the years 2019 and 2020 listed on the Bombay Stock Exchange (BSE). The results suggested that corporate name change hardly impacts stock prices and shareholders’ wealth. Our findings also indicated that investors are rational in India. The t-test has been used to test the significance of the results. The study adds to the literature as few studies have been conducted in the Indian context that analyzed the impact of the corporate name change on stock market reactions and has provided inconclusive results.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
