Buch, Deutsch, 316 Seiten, Format (B × H): 152 mm x 229 mm, Gewicht: 499 g
ISBN: 978-3-8244-6921-5
Verlag: Deutscher Universitätsverlag
K. Randolf Scheller evaluates the excess stock returns not only during an announcement period, but over a longer term period of up to five years.
Zielgruppe
Graduate
Fachgebiete
Weitere Infos & Material
1. Introduction and Motivation.- 2. The German Stock Market, the German M&A Environment and its Corporate Legal and Regulatory Structure.- 3. Issues of Corporate Governance.- 4. Literature Review.- 5. Sample Design and Description.- 6. Data Analysis.- 7. Methodology and Hypothesis.- 8. Statistical Analysis and Empirical Results.- 9. Discussion of Results and Conclusions.- Appendices.- Appendix 1: List of Publicly Listed German Companies which have acceded to the German Takeover Code.- Appendix 2: List of Target Companies with the Respective Majority Owner.- Appendix 3: Summary of the Data Set by Transaction.- Appendix 4: Selected Time-Series Plots.- Appendix 5: Selected Normal Plots.- Appendix 6: Tables for Chapter 6: Data Analysis.- Appendix 7: Macros for the Moment Checking Statistics g1 (Skewness) and g2 (Kurtosis).- Appendix 8: Selected Autocorrelation Functions and Partial Autocorrelation Functions.- Appendix 9: Results of the Runs Test.- Appendix 10: Macro for the Levene Test.- Appendix 11: Macro for the Walsh Procedure of Outliers’ Detection.- Appendix 12: Graphs of Abnormal Returns for the Mean Adjusted Return Model.- Appendix 13: Graphs of Abnormal Returns for the Industry Adjusted Market Model.- Appendix 14: List of Listed Options on the Deutsche Terminbörse AG.- References.
