Analyzing Event Statistics in Corporate Finance:Methodologies, Evidences, and Critiques

企业财务的事件分析统计

行政管理,人事行政,财务行政,行政决策

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665.00
发货周期:外国库房发货,通常付款后3-5周到货
作      者
出  版 社
出版时间
2015年02月04日
装      帧
精装
ISBN
9781137397171
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页      码
197
开      本
8.50 x 5.51 x 0.50
语      种
英文
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图书简介
Analyzing Event Statistics in Corporate Finance provides new alternative methodologies to increase accuracy when performing statistical tests for event studies within corporate finance. In contrast to conventional surveys or literature reviews, Jeng focuses on various methodological defects or deficiencies that lead to inaccurate empirical results, which ultimately produce bad corporate policies. This work discusses the issues of data collection and structure, the recursive smoothing for systematic components in excess returns, the choices of event windows, different time horizons for the events, and the consequences of applications of different methodologies. In providing improvement for event studies in corporate finance, and based on the fact that changes in parameters for financial time series are common knowledge, a new alternative methodology is developed to extend the conventional analysis to more robust arguments.
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