UNDERSTANDING AND CONDUCTING EVENT STUDIES
Event studies have become one of the most important methodological approaches to empirical research in frnance and accounting. This paper discusses the nature of event studies, differentiating the four basic types: information content, market efficiency, model evaluation and metric explanation. A st...
Gespeichert in:
| Veröffentlicht in: | Journal of business finance & accounting 1983-12, Vol.10 (4), p.561-584 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 584 |
|---|---|
| container_issue | 4 |
| container_start_page | 561 |
| container_title | Journal of business finance & accounting |
| container_volume | 10 |
| creator | Bowman, Robert G. |
| description | Event studies have become one of the most important methodological approaches to empirical research in frnance and accounting. This paper discusses the nature of event studies, differentiating the four basic types: information content, market efficiency, model evaluation and metric explanation. A structure is identified for the conduct of event studies and the steps discussed. Specific studies in the literature are cited as illustrations of various points. Finally, a number of issues of interpretation, evaluation and design are discussed which are crucial to the effective conduct and understanding of an event study. |
| doi_str_mv | 10.1111/j.1468-5957.1983.tb00453.x |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_237029687</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>7652704</sourcerecordid><originalsourceid>FETCH-LOGICAL-c3541-a69036c03d5b00078168314ec4adb643fba61e5bf197ae8a0c88699e39973ebf3</originalsourceid><addsrcrecordid>eNqVkF1PwjAUhhujiYj-B4J3Jpun69YPbwxuAzFzJLCpd003uoSJghtE-Pd2GeHOGHtz0vR537YPQn0MNjbrtrSxS7nlCY_ZWHBibzIA1yP27gR1jkenqAMEqEU5fTtHF3VdAoCDKeugmzQOwuksGcTBOB71zOj5kzhI_aTZhi9hnPRmSRqMw9klOivUstZXh9lF6TBM_EcrmozG_iCycuK52FJUAKE5kLln3gKMY8oJdnXuqnlGXVJkimLtZQUWTGmuIOecCqGJEIzorCBd1G9719Xqa6vrjSxX2-rTXCkdwsARlLM_Ic6AG-j6Nwg7wnGAMQaGumupvFrVdaULua4WH6raSwyysSxL2aiUjUrZWJYHy3Jnwvdt-Hux1Pt_JOXTw3DgUWwarLZhUW_07tigqndJGWGefI1HcvrsRpH5l3TJDyg5jEw</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1292207770</pqid></control><display><type>article</type><title>UNDERSTANDING AND CONDUCTING EVENT STUDIES</title><source>Periodicals Index Online</source><source>EBSCOhost Business Source Complete</source><source>Access via Wiley Online Library</source><creator>Bowman, Robert G.</creator><creatorcontrib>Bowman, Robert G.</creatorcontrib><description>Event studies have become one of the most important methodological approaches to empirical research in frnance and accounting. This paper discusses the nature of event studies, differentiating the four basic types: information content, market efficiency, model evaluation and metric explanation. A structure is identified for the conduct of event studies and the steps discussed. Specific studies in the literature are cited as illustrations of various points. Finally, a number of issues of interpretation, evaluation and design are discussed which are crucial to the effective conduct and understanding of an event study.</description><identifier>ISSN: 0306-686X</identifier><identifier>EISSN: 1468-5957</identifier><identifier>DOI: 10.1111/j.1468-5957.1983.tb00453.x</identifier><language>eng</language><publisher>Oxford, UK: Blackwell Publishing Ltd</publisher><subject>Earnings ; Excess ; Impacts ; Information ; Returns ; Stock prices ; Stock splits ; Studies</subject><ispartof>Journal of business finance & accounting, 1983-12, Vol.10 (4), p.561-584</ispartof><rights>Copyright Blackwell Publishers Winter 1983</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c3541-a69036c03d5b00078168314ec4adb643fba61e5bf197ae8a0c88699e39973ebf3</citedby><cites>FETCH-LOGICAL-c3541-a69036c03d5b00078168314ec4adb643fba61e5bf197ae8a0c88699e39973ebf3</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://onlinelibrary.wiley.com/doi/pdf/10.1111%2Fj.1468-5957.1983.tb00453.x$$EPDF$$P50$$Gwiley$$H</linktopdf><linktohtml>$$Uhttps://onlinelibrary.wiley.com/doi/full/10.1111%2Fj.1468-5957.1983.tb00453.x$$EHTML$$P50$$Gwiley$$H</linktohtml><link.rule.ids>314,780,784,1417,27869,27924,27925,45574,45575</link.rule.ids></links><search><creatorcontrib>Bowman, Robert G.</creatorcontrib><title>UNDERSTANDING AND CONDUCTING EVENT STUDIES</title><title>Journal of business finance & accounting</title><description>Event studies have become one of the most important methodological approaches to empirical research in frnance and accounting. This paper discusses the nature of event studies, differentiating the four basic types: information content, market efficiency, model evaluation and metric explanation. A structure is identified for the conduct of event studies and the steps discussed. Specific studies in the literature are cited as illustrations of various points. Finally, a number of issues of interpretation, evaluation and design are discussed which are crucial to the effective conduct and understanding of an event study.</description><subject>Earnings</subject><subject>Excess</subject><subject>Impacts</subject><subject>Information</subject><subject>Returns</subject><subject>Stock prices</subject><subject>Stock splits</subject><subject>Studies</subject><issn>0306-686X</issn><issn>1468-5957</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1983</creationdate><recordtype>article</recordtype><sourceid>K30</sourceid><recordid>eNqVkF1PwjAUhhujiYj-B4J3Jpun69YPbwxuAzFzJLCpd003uoSJghtE-Pd2GeHOGHtz0vR537YPQn0MNjbrtrSxS7nlCY_ZWHBibzIA1yP27gR1jkenqAMEqEU5fTtHF3VdAoCDKeugmzQOwuksGcTBOB71zOj5kzhI_aTZhi9hnPRmSRqMw9klOivUstZXh9lF6TBM_EcrmozG_iCycuK52FJUAKE5kLln3gKMY8oJdnXuqnlGXVJkimLtZQUWTGmuIOecCqGJEIzorCBd1G9719Xqa6vrjSxX2-rTXCkdwsARlLM_Ic6AG-j6Nwg7wnGAMQaGumupvFrVdaULua4WH6raSwyysSxL2aiUjUrZWJYHy3Jnwvdt-Hux1Pt_JOXTw3DgUWwarLZhUW_07tigqndJGWGefI1HcvrsRpH5l3TJDyg5jEw</recordid><startdate>198312</startdate><enddate>198312</enddate><creator>Bowman, Robert G.</creator><general>Blackwell Publishing Ltd</general><general>B. Blackwell</general><scope>BSCLL</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>JQCIK</scope><scope>K30</scope><scope>PAAUG</scope><scope>PAWHS</scope><scope>PAWZZ</scope><scope>PAXOH</scope><scope>PBHAV</scope><scope>PBQSW</scope><scope>PBYQZ</scope><scope>PCIWU</scope><scope>PCMID</scope><scope>PCZJX</scope><scope>PDGRG</scope><scope>PDWWI</scope><scope>PETMR</scope><scope>PFVGT</scope><scope>PGXDX</scope><scope>PIHIL</scope><scope>PISVA</scope><scope>PJCTQ</scope><scope>PJTMS</scope><scope>PLCHJ</scope><scope>PMHAD</scope><scope>PNQDJ</scope><scope>POUND</scope><scope>PPLAD</scope><scope>PQAPC</scope><scope>PQCAN</scope><scope>PQCMW</scope><scope>PQEME</scope><scope>PQHKH</scope><scope>PQMID</scope><scope>PQNCT</scope><scope>PQNET</scope><scope>PQSCT</scope><scope>PQSET</scope><scope>PSVJG</scope><scope>PVMQY</scope><scope>PZGFC</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>198312</creationdate><title>UNDERSTANDING AND CONDUCTING EVENT STUDIES</title><author>Bowman, Robert G.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c3541-a69036c03d5b00078168314ec4adb643fba61e5bf197ae8a0c88699e39973ebf3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1983</creationdate><topic>Earnings</topic><topic>Excess</topic><topic>Impacts</topic><topic>Information</topic><topic>Returns</topic><topic>Stock prices</topic><topic>Stock splits</topic><topic>Studies</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Bowman, Robert G.</creatorcontrib><collection>Istex</collection><collection>CrossRef</collection><collection>Periodicals Index Online Segment 33</collection><collection>Periodicals Index Online</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - West</collection><collection>Primary Sources Access (Plan D) - International</collection><collection>Primary Sources Access & Build (Plan A) - MEA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Midwest</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Northeast</collection><collection>Primary Sources Access (Plan D) - Southeast</collection><collection>Primary Sources Access (Plan D) - North Central</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Southeast</collection><collection>Primary Sources Access (Plan D) - South Central</collection><collection>Primary Sources Access & Build (Plan A) - UK / I</collection><collection>Primary Sources Access (Plan D) - Canada</collection><collection>Primary Sources Access (Plan D) - EMEALA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - North Central</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - South Central</collection><collection>Primary Sources Access & Build (Plan A) - International</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - International</collection><collection>Primary Sources Access (Plan D) - West</collection><collection>Periodicals Index Online Segments 1-50</collection><collection>Primary Sources Access (Plan D) - APAC</collection><collection>Primary Sources Access (Plan D) - Midwest</collection><collection>Primary Sources Access (Plan D) - MEA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Canada</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - UK / I</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - EMEALA</collection><collection>Primary Sources Access & Build (Plan A) - APAC</collection><collection>Primary Sources Access & Build (Plan A) - Canada</collection><collection>Primary Sources Access & Build (Plan A) - West</collection><collection>Primary Sources Access & Build (Plan A) - EMEALA</collection><collection>Primary Sources Access (Plan D) - Northeast</collection><collection>Primary Sources Access & Build (Plan A) - Midwest</collection><collection>Primary Sources Access & Build (Plan A) - North Central</collection><collection>Primary Sources Access & Build (Plan A) - Northeast</collection><collection>Primary Sources Access & Build (Plan A) - South Central</collection><collection>Primary Sources Access & Build (Plan A) - Southeast</collection><collection>Primary Sources Access (Plan D) - UK / I</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - APAC</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - MEA</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Journal of business finance & accounting</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Bowman, Robert G.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>UNDERSTANDING AND CONDUCTING EVENT STUDIES</atitle><jtitle>Journal of business finance & accounting</jtitle><date>1983-12</date><risdate>1983</risdate><volume>10</volume><issue>4</issue><spage>561</spage><epage>584</epage><pages>561-584</pages><issn>0306-686X</issn><eissn>1468-5957</eissn><abstract>Event studies have become one of the most important methodological approaches to empirical research in frnance and accounting. This paper discusses the nature of event studies, differentiating the four basic types: information content, market efficiency, model evaluation and metric explanation. A structure is identified for the conduct of event studies and the steps discussed. Specific studies in the literature are cited as illustrations of various points. Finally, a number of issues of interpretation, evaluation and design are discussed which are crucial to the effective conduct and understanding of an event study.</abstract><cop>Oxford, UK</cop><pub>Blackwell Publishing Ltd</pub><doi>10.1111/j.1468-5957.1983.tb00453.x</doi><tpages>24</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0306-686X |
| ispartof | Journal of business finance & accounting, 1983-12, Vol.10 (4), p.561-584 |
| issn | 0306-686X 1468-5957 |
| language | eng |
| recordid | cdi_proquest_journals_237029687 |
| source | Periodicals Index Online; EBSCOhost Business Source Complete; Access via Wiley Online Library |
| subjects | Earnings Excess Impacts Information Returns Stock prices Stock splits Studies |
| title | UNDERSTANDING AND CONDUCTING EVENT STUDIES |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-26T19%3A29%3A56IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=UNDERSTANDING%20AND%20CONDUCTING%20EVENT%20STUDIES&rft.jtitle=Journal%20of%20business%20finance%20&%20accounting&rft.au=Bowman,%20Robert%20G.&rft.date=1983-12&rft.volume=10&rft.issue=4&rft.spage=561&rft.epage=584&rft.pages=561-584&rft.issn=0306-686X&rft.eissn=1468-5957&rft_id=info:doi/10.1111/j.1468-5957.1983.tb00453.x&rft_dat=%3Cproquest_cross%3E7652704%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1292207770&rft_id=info:pmid/&rfr_iscdi=true |