The event study methodology since 1969

被引：57
作者：
Binder J.J. [1 ]
机构：
[1] Department of Finance (MC 168), College of Business, University of Illinois-Chicago, Chicago, IL 60607-7124
来源：
Review of Quantitative Finance and Accounting | 1998年 / 11卷 / 2期
关键词：
Event study; Finance methodology;
D O I：
10.1023/A:1008295500105
中图分类号：
学科分类号：
摘要：
This paper discusses the event study methodology, beginning with FFJR (1969), including hypothesis testing, the use of different benchmarks for the normal rate of return, the power of the methodology in different applications and the modeling of abnormal returns as coefficients in a (multivariate) regression framework. It also focuses on frequently encountered statistical problems in event studies and their solutions. © 1998 Kluwer Academic Publishers.
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收藏
页码：111 / 137
页数：26
相关论文
共 139 条
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