楼主: ljycumt
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求助英文文献一篇 [推广有奖]

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楼主
ljycumt 发表于 2009-2-20 11:10:00 |AI写论文

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Kang, J. and R.M. Stulz, 1996. How different is Japanese corporate finance? An investigation of the
information content of new security issues, Review of Financial Studies 9, 109–139.
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关键词:求助英文文献 英文文献一篇 英文文献 information Informatio 求助 文献 英文

沙发
stupidnew 发表于 2009-2-20 14:22:00

是否这个?(约40页左右,PDF格式,清晰度一般)

Abstract:

This article studies the shareholder wealth effects associated with 875 new security issues in Japan from January 1, 1985, to May 31, 1991. The announcement of convertible debt issues has a significant positive abnormal return of 1.05 percent. There is an abnormal return of 0.45 percent at the announcement of equity issues that is off-set by an abnormal return of 1.01 percent on the issue day. Abnormal returns are negatively related to firm size, so that large Japanese firms have abnormal returns less different from those of U.S. firms than small Japanese firms. Our evidence is consistent with the view that Japanese managers decide to issue shares based on different considerations than American managers.

295640.pdf (339.09 KB)

[此贴子已经被作者于2009-2-21 11:53:19编辑过]

藤椅
ljycumt 发表于 2009-2-20 18:19:00
没错,就是这篇文章,能弄到全文吗,谢谢!

板凳
Merlinecy 发表于 2009-2-20 18:45:00

我这里有.

295486.pdf (339.09 KB)

报纸
ljycumt 发表于 2009-2-20 21:31:00
谢谢,楼上的好心人

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