Contemporaneous Event Studies in Corporate Finance

Considers the possible trading opportunities when searching for possible impacts from corporate finance eventsExamines the impacts from corporate finance toward capital market and economyProvides thorough discussions and extensions of alternative methodology in using occupation time statistics Covers the possibilities of epidemic changes in the parameters of interest

Considers the possible trading opportunities when searching for possible impacts from corporate finance events Examines the impacts from corporate finance toward capital market and economy Provides thorough discussions and extensions of alternative methodology in using occupation time statistics Covers the possibilities of epidemic changes in the parameters of interest

Autorentext

Jau-Lian Jeng is Professor of Finance at Azusa Pacific University in the USA. He teaches courses in corporate finance, managerial finance, financial analysis, financial risk management, and applied business research. An expert in mathematical modeling, statistical analyses and econometric and time series modeling, Jau-Lien has written a number of articles for academic journals, including the Global Finance Journal and Chinese Economy. He has also published two books with Palgrave Macmillan: Analyzing Event Studies in Corporate Finance (2015) and Empirical Asset Pricing Models (2018).

Inhalt
Part I The Conventional Approach.- 1.Popular Methods for Event Studies in Corporate Finance Subjectivity versus Robustness.- Part II Alternative Approach for the Contemporaneous Event Studies.- 2.Assessments of Normal Returns.- 3.Occupation Time Statistics - The Intensity of Events.- 4.Monitoring Tests and the Time of Duration.- 5.Sequential Monitoring for Corporate Events in using Occupation Time Statistics.- 6.Real-Time Applications of Monitoring and Empirical Performance.