Acquisition announcement and stock price behaviour: the Malaysian experience
This paper examines the effects of acquisition announcement on the price behaviour of the Malaysian bidders and target firms. Event study technique is the method used to compute abnormal returns, based on the single index or market model. However, two other models, the capital asset pricing model (C...
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Format: | Article |
Language: | English |
Published: |
Penerbit Universiti Kebangsaan Malaysia
1993
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Online Access: | http://journalarticle.ukm.my/7944/ http://journalarticle.ukm.my/7944/1/776-1483-1-SM.pdf |