Cash ratio and abnormal return on share prices are uncorrelated.
比率与股价异常报酬率之间无相关性。
First of all, we examine whether issuance of convertible bond bring abnormal return to company by event study.
首先,我们用事件研究法检验可转债的发行宣告是否会给公司带来异常收益。
On these bases, we put forward research hypothesis and confirm research model with application of the Cumulative Abnormal Return method.
在此基础上,提出了研究假设并运用超额收益法确定了研究的模型。
The results show that cumulative average abnormal return (CAAR) is significantly positive in three years after st corporate restructuring.
分析结果表明ST公司重组后三年内平均累积超额收益(CAAR)显著为正。
We find that the proportion of development expenditures to total assets can well explain both the abnormal return and the earning quality.
本文的主要实证结论如下:开发支出占总资产比不仅能显著解释股票超额回报率,而且对公司盈余质量也具有显著的解释力。
This paper empirically analyzed the effect of the cash dividend and stock dividend on stock price through Cumulative Abnormal Return (CAR) method.
本文利用累计超常收益率方法,从实证角度分析了上市公司派发现金股利和股票股利对股票价格的影响。
The IPOs' long-run abnormal returns are sensitive to which benchmark's return is adjusted by, and to which method of weighting average is employed.
IPO长期超常收益率对使用何种参照指标的收益率来调整以及使用何种加权平均方法很敏感。
The results indicate that the abnormal return caused by M&A announcement implies that Chinese security market is of non-semistrong-form efficiency;
研究表明,并购事件公布所引致的市场异常收益说明中国证券市场属于非半强式有效;
Then, using the cumulative abnormal return method the essay makes an empirical analysis on the correlation between stock prices and their financial information.
接着,本文采用累计超常收益率的分析方法对我国上市公司财务信息与股票价格之间的关系进行了实证分析。
Through the regression, we also find that the detail of the information disclosure of internal control has positive relationship with the Cumulative Abnormal Return.
进一步的回归分析显示:内部控制信息披露详细程度与特定窗口内的累积超额收益存在显著的正相关关系。
Herd behavior has an impact on present stock return, buy-herding behavior lead to the positive abnormal return, and sell-herding behavior results negative abnormal return.
基金羊群行为对股票当期收益存在显著影响,买入羊群行为使股票出现正超额收益,卖出羊群行为使股票出现负超额收益。
The results suggest that cumulative average abnormal return (hereinafter CAAR for short) of ST corporations is significantly positive in after restructuring, CAAR ascends and then falls;
研究结果表明,ST公司重组后三年的平均累积超额收益显著为正,超额收益呈先上升后下降的态势;
In order to learn the abnormal return of the Chinese stock market, we consider the Poisson jump diffusion process trying to capture the jump behaviors of the Chinese and American stock market.
为了研究股市的异常波动,本文引入泊松跳跃过程来刻画中国与美国股市的跳跃行为。
The Event-study Methodology is adapted to make analysis on Cumulative Average Abnormal Return (CAR) of all samples, of samples in Shanghai market and of samples in Shenzhen market respectively.
第三章对外资并购的股价反应进行实证分析。 主要采用事件分析法分别对外资并购全部样本、沪市样本及深市样本的累计超额平均收益进行实证研究。
Research abroad shows that the turnover of a firm's control right can bring about 20% abnormal excess return rate to the Stockholders of the target firm.
国外有研究表明,控制权转移能给目标公司股东带来20%左右的超额收益率。
Research abroad shows that the turnover of a firm's control right can bring about 20% abnormal excess return rate to the Stockholders of the target firm.
国外有研究表明,控制权转移能给目标公司股东带来20%左右的超额收益率。
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