Apparently stock dividends own a higher percentage of abnormal return. As a result, investors prefer stock dividend rather than the others.
在实证结果中可以看到,股票股利相对现金股利而言有较高的超常收益率,因而投资者偏好股票股利。
参考来源 - 上市公司现金股利和股票股利的实证研究·2,447,543篇论文数据,部分数据来源于NoteExpress
以上来源于: WordNet
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。
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