haku: @author Hung, K. / yhteensä: 5
viite: 5 / 5
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| Tekijä: | Tsay, Y. Hung, K. |
| Otsikko: | An intervention analysis for the relationship between capital expenditure decisions and the market value of firms |
| Lehti: | Review of Quantitative Finance and Accounting
1994 : VOL. 4:2, p. 199-211 |
| Asiasana: | CAPITAL EXPENDITURE DECISION MODELS COMPANIES |
| Kieli: | eng |
| Tiivistelmä: | This article is meant to explore the relationship between corporate capital expenditure decisions and the market value of firms using the intervention technique. The article shows that deep cuts in capital expenditures may, for sink-hole type projects, provide a positive signal to the marketplace. For non-sink-hole type projects, the authors' findings are not quite consistent with those reported in McConnell and Muscarella. |
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