haku: @author Sanger, G.C. / yhteensä: 2
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Tekijä: | Sanger, G.C. Peterson, J.D. |
Otsikko: | An empirical analysis of common stock delistings |
Lehti: | Journal of Financial and Quantitative Analysis
1990 : JUNE, VOL. 25:2, p. 261-272 |
Asiasana: | BIDDING SHARE PRICES STOCK EXCHANGES |
Kieli: | eng |
Tiivistelmä: | Empirical analysis of firms delisted from a US stock exchange, stock price movements, stock returns, bid-ask spreads and trading volume of common stocks. Delisting process. Data and methodology. Abnormal returns surrounding delistings, prior to delisting, and over the non-trading interval. Downward sloping demand curve hypothesis. Liquidity hypothesis. 6 Tables illustrate the study. |
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