Two developments aided the expansion and dissemination of event study
methodology over the past 25 years.
Contract awarded for Provision of event study
and traffic count for chingay 2018.
Morningstar used two approaches in its analysis: a Fama-MacBeth regression to measure the relationship between the rating and performance of related funds and an event study
framework to measure the performance of a given rating over different time (event) horizons, ranging from one month to 60 months.
In sections on case examples, organizational forms, and consequences of fragmenting, they consider such aspects as new business models in-the-making in extant multinational corporations: digital transformation in a telco, global integration strategies in time of crisis: an event study
of the impact of the global financial crisis on the exporting strategies of Turkish subsidiaries, tied up and shocked: how relational contracting with suppliers constrains global buyers during an economic crisis, global shift-back's: a strategy for reviving manufacturing competencies, and industrial district firms do not smile: structuring the value chain between local and global.
In the event study
methodology, we only need to look in for returns as this study assumes that all other factors are reflected in stock price changes due to efficient market hypothesis and this is what makes event study
methodology extremely popular with the researchers.
With this goal in mind, we analyze the target, bidder and combined bank cumulative abnormal returns (CARs) utilizing standard event study
First, we use an event study
methodology to examine stock returns, which isolates the effect of a catastrophe from other factors that may impact the insurance market.
Rosa (2012) used an event study
to examine the surprise component of LSAP announcements.
We use an event study
approach which incorporates three volatility models in order to obtain abnormal variances and provide a procedure that reports the results as a volatility index.
Using an Event Study
to Analyze Rule 10b-5 Requirements
Part V then considers assessing price impact (and materiality) arguments using an event study
To test the research questions, we investigate abnormal returns (AR) via an event study
approach with a market model, which follows Mikkelson and Partch (1986), to identify the impact of companies' sport sponsorships on their market values.