Selected Essays in Empirical Asset Pricing / Najlacnejšie knihy
Selected Essays in Empirical Asset Pricing

Code: 10899849

Selected Essays in Empirical Asset Pricing

by Christian Funke

Christian Funke aims at developing a better understanding of a central asset pricing issue: the stock price discovery process in capital markets. Using U.S. capital market data, he investigates the importance of mergers and acquis ... more

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Book synopsis

Christian Funke aims at developing a better understanding of a central asset pricing issue: the stock price discovery process in capital markets. Using U.S. capital market data, he investigates the importance of mergers and acquisitions (M&A) for stock prices and examines economic links between customer and supplier firms. The empirical investigations document return predictability and show that capital markets are not perfectly efficient.

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