Stock Liquidity Effect on Mergers & Acquisitions Returns Performance
This research analyzes the effect of acquirer and target firms� stocks liquidity to acquirers� returns performance. Amihud illiquidity is used as a stock liquidity proxy, while cumulative abnormal returns (CARs) and buy- hold abnormal returns (BHAR) are used as returns performance proxy. Results...
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| 格式: | Thesis |
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[Yogyakarta] : Universitas Gadjah Mada
2013
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