Analyzing event statistics in corporate finance: methodologies, evidences, and critiques
"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...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
2015
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| Schlagworte: | |
| Online-Zugang: | Cover image Inhaltsverzeichnis |
| Zusammenfassung: | "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 conventionalanalysis to more robust arguments. ".. |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | X, 186 S. graph. Darst. |
| ISBN: | 9781137397171 |
Internformat
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| 520 | |a "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 conventionalanalysis to more robust arguments. ".. | ||
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| 650 | 7 | |a BUSINESS & ECONOMICS / Statistics |2 bisacsh | |
| 650 | 4 | |a Statistik | |
| 650 | 4 | |a Wirtschaft | |
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| 650 | 4 | |a BUSINESS & ECONOMICS / Finance | |
| 650 | 4 | |a BUSINESS & ECONOMICS / Statistics | |
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Datensatz im Suchindex
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|---|---|
| adam_text | Contents
Preface vii
Acknowledgments xi
Part I Event Study Methodology I
Chapter 1
Data Collection in Long-Run or Short-Run Format? 3
Chapter 2
Model Specifications for Normal (or Expected) Returns 29
Chapter 3
Cumulative Abnormal Returns or Structural Change Tests? 83
Part H Event Study Methodology II
Chapter 4
Recursive Estimation for Normal (or Expected) Returns 121
Chapter 5
Time Will Tell! A Method with Occupation Time Statistics 135
Epilogue 169
Notes 173
References 177
Index 185
|
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| isbn | 9781137397171 |
| language | English |
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| spelling | Jeng, Jau-Lian 1955- Verfasser (DE-588)171560248 aut Analyzing event statistics in corporate finance methodologies, evidences, and critiques Jau-Lian Jeng 2015 X, 186 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index "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 conventionalanalysis to more robust arguments. ".. BUSINESS & ECONOMICS / Corporate Finance bisacsh BUSINESS & ECONOMICS / Finance bisacsh BUSINESS & ECONOMICS / Statistics bisacsh Statistik Wirtschaft BUSINESS & ECONOMICS / Corporate Finance BUSINESS & ECONOMICS / Finance BUSINESS & ECONOMICS / Statistics Corporations Finance Statistics Statistischer Test (DE-588)4077852-6 gnd rswk-swf Ereignis (DE-588)4152718-5 gnd rswk-swf Analyse (DE-588)4122795-5 gnd rswk-swf Corporate Finance (DE-588)4269795-5 gnd rswk-swf Corporate Finance (DE-588)4269795-5 s Ereignis (DE-588)4152718-5 s Analyse (DE-588)4122795-5 s Statistischer Test (DE-588)4077852-6 s b DE-604 http://www.netread.com/jcusers2/bk1388/171/9781137397171/image/lgcover.9781137397171.jpg Cover image Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=028053519&sequence=000006&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Jeng, Jau-Lian 1955- Analyzing event statistics in corporate finance methodologies, evidences, and critiques BUSINESS & ECONOMICS / Corporate Finance bisacsh BUSINESS & ECONOMICS / Finance bisacsh BUSINESS & ECONOMICS / Statistics bisacsh Statistik Wirtschaft BUSINESS & ECONOMICS / Corporate Finance BUSINESS & ECONOMICS / Finance BUSINESS & ECONOMICS / Statistics Corporations Finance Statistics Statistischer Test (DE-588)4077852-6 gnd Ereignis (DE-588)4152718-5 gnd Analyse (DE-588)4122795-5 gnd Corporate Finance (DE-588)4269795-5 gnd |
| subject_GND | (DE-588)4077852-6 (DE-588)4152718-5 (DE-588)4122795-5 (DE-588)4269795-5 |
| title | Analyzing event statistics in corporate finance methodologies, evidences, and critiques |
| title_auth | Analyzing event statistics in corporate finance methodologies, evidences, and critiques |
| title_exact_search | Analyzing event statistics in corporate finance methodologies, evidences, and critiques |
| title_full | Analyzing event statistics in corporate finance methodologies, evidences, and critiques Jau-Lian Jeng |
| title_fullStr | Analyzing event statistics in corporate finance methodologies, evidences, and critiques Jau-Lian Jeng |
| title_full_unstemmed | Analyzing event statistics in corporate finance methodologies, evidences, and critiques Jau-Lian Jeng |
| title_short | Analyzing event statistics in corporate finance |
| title_sort | analyzing event statistics in corporate finance methodologies evidences and critiques |
| title_sub | methodologies, evidences, and critiques |
| topic | BUSINESS & ECONOMICS / Corporate Finance bisacsh BUSINESS & ECONOMICS / Finance bisacsh BUSINESS & ECONOMICS / Statistics bisacsh Statistik Wirtschaft BUSINESS & ECONOMICS / Corporate Finance BUSINESS & ECONOMICS / Finance BUSINESS & ECONOMICS / Statistics Corporations Finance Statistics Statistischer Test (DE-588)4077852-6 gnd Ereignis (DE-588)4152718-5 gnd Analyse (DE-588)4122795-5 gnd Corporate Finance (DE-588)4269795-5 gnd |
| topic_facet | BUSINESS & ECONOMICS / Corporate Finance BUSINESS & ECONOMICS / Finance BUSINESS & ECONOMICS / Statistics Statistik Wirtschaft Corporations Finance Statistics Statistischer Test Ereignis Analyse Corporate Finance |
| url | http://www.netread.com/jcusers2/bk1388/171/9781137397171/image/lgcover.9781137397171.jpg http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=028053519&sequence=000006&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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