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。
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;
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。
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