rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Analyzing event statistics in corporate finance
    sub title: methodologies, evidences, and critiques
  name:
    name part: Jeng, Jau-Lian
    name part: 1955-
    role:
      role term: creator
    role:
      role term: author.
  type of resource: text
  genre: bibliography
  origin info:
    place:
      place term: nyu
    date issued: 2015
    edition: First edition.
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: print
    extent: x, 186 pages ; 23 cm.
  abstract: Event studies in corporate finance are still with many issues unresolved; for instance, data selection, event window, determination of abnormal returns (together with their statistics). Many extensions may have followed from conventional approach. This book instead, provides the evidences, critiques for the conventional methodologies, particularly on the data constructed, robust model search for normal returns, and on the cumulative abnormal returns (CAR's). In showing that the difficulties encountered in event studies, the alternative is to consider the methodology where tests for parameter changes are replaced with the durations of the impacts from events instead. Hence, the significance of the events, are determined by the time span of the impacts from events may last. In other words, severity or significance of events are not based on parameter changes (as those indicated by CAR's), but on how long the "shocks" may persist cumulatively.
  table of contents: PART I: EVENT STUDY METHODOLGY I -- 1. Data Collection in Long-run or Short-run Format? -- 2. Model Specifications for Normal (or Expected) Returns -- 3. Cumulative Abnormal Returns or Structural Change Tests? -- PART II: EVENT STUDY METHODOLOGY II -- 4. Recursive Estimation for Normal (or Expected) Returns -- 5. Time Will Tell! A Method with Occupation Time Statistics.
  note: Jau-Lian Jeng.
  note: Includes bibliographical references and index.
  subject:
    topic: BUSINESS & ECONOMICS / Corporate Finance
  subject:
    topic: BUSINESS & ECONOMICS / Finance
  subject:
    topic: BUSINESS & ECONOMICS / Statistics
  subject:
    topic: Corporations
    topic: Finance
    genre: Statistics
  classification: HG4027.15 .J46 2015
  classification: 338.6/0410727
  identifier: 9781137397171 (hardback)
  identifier: 1137397179 (hardback)
  identifier: 2014030481
  record info:
    record content source: DLC
    record creation date: 141117
    record change date: 20151106040435.0
    record identifier: in00003486283