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...
| Main Authors: | , |
|---|---|
| Format: | Thesis |
| Published: |
[Yogyakarta] : Universitas Gadjah Mada
2013
|
| Subjects: |