메뉴 건너뛰기




Volumn 41, Issue 3, 1996, Pages 359-399

Detecting abnormal operating performance: The empirical power and specification of test statistics

Author keywords

Event studies; Operating performance; Return on assets; Return on sales

Indexed keywords


EID: 0030194534     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/0304-405X(96)84701-5     Document Type: Article
Times cited : (1010)

References (24)
  • 2
    • 36749092418 scopus 로고
    • Using daily stock returns: The case of event studies
    • Brown, Stephen J. and Jerold B. Warner, 1985, Using daily stock returns: The case of event studies, Journal of Financial Economics 14, 205-258.
    • (1985) Journal of Financial Economics , vol.14 , pp. 205-258
    • Brown, S.J.1    Warner, J.B.2
  • 4
    • 84993869764 scopus 로고
    • The reverse LBO decision and firm performance: Theory and evidence
    • DeGeorge, Francois and Richard Zeckhauser, 1993, The reverse LBO decision and firm performance: Theory and evidence, Journal of Finance 48, 1323-1348.
    • (1993) Journal of Finance , vol.48 , pp. 1323-1348
    • DeGeorge, F.1    Zeckhauser, R.2
  • 5
    • 38249005067 scopus 로고
    • Managerial discretion, organization structure, and corporate performance: A study of leveraged recapitalizations
    • Denis, David J. and Diane K. Denis, 1993, Managerial discretion, organization structure, and corporate performance: A study of leveraged recapitalizations, Journal of Accounting and Economics 16, 209-236.
    • (1993) Journal of Accounting and Economics , vol.16 , pp. 209-236
    • Denis, D.J.1    Denis, D.K.2
  • 6
    • 0001687543 scopus 로고
    • Causes of financial distress following leveraged recapitalizations
    • Denis, David J. and Diane K. Denis, 1995, Causes of financial distress following leveraged recapitalizations, Journal of Financial Economics 37, 129-158.
    • (1995) Journal of Financial Economics , vol.37 , pp. 129-158
    • Denis, D.J.1    Denis, D.K.2
  • 7
    • 84993845943 scopus 로고
    • Size and book-to-market factors in earnings and returns
    • Fama, Eugene F. and Kenneth French, 1995, Size and book-to-market factors in earnings and returns, Journal of Finance 50, 131-155.
    • (1995) Journal of Finance , vol.50 , pp. 131-155
    • Fama, E.F.1    French, K.2
  • 8
    • 0000928197 scopus 로고
    • Differences between Compustat and CRSP SIC codes and related effects on research
    • Guenther, David A. and Andrew J. Rosman, 1994, Differences between Compustat and CRSP SIC codes and related effects on research, Journal of Accounting and Economics 18, 115-128.
    • (1994) Journal of Accounting and Economics , vol.18 , pp. 115-128
    • Guenther, D.A.1    Rosman, A.J.2
  • 9
    • 0043277332 scopus 로고
    • Earnings information conveyed by dividend initiations and omissions
    • Healy, Paul and Krishna Palepu, 1988, Earnings information conveyed by dividend initiations and omissions, Journal of Financial Economics 21, 149-176.
    • (1988) Journal of Financial Economics , vol.21 , pp. 149-176
    • Healy, P.1    Palepu, K.2
  • 10
    • 0001950179 scopus 로고
    • Earnings and risk changes surrounding primary stock offers
    • Healy, Paul and Krishna Palepu, 1990, Earnings and risk changes surrounding primary stock offers, Journal of Accounting Research 28, 25-48.
    • (1990) Journal of Accounting Research , vol.28 , pp. 25-48
    • Healy, P.1    Palepu, K.2
  • 13
    • 84993850751 scopus 로고
    • The post-issue operating performance of IPO firms
    • Jain, Bharat A. and Omesh Kini, 1994, The post-issue operating performance of IPO firms, Journal of Finance 49, 1699-1726.
    • (1994) Journal of Finance , vol.49 , pp. 1699-1726
    • Jain, B.A.1    Kini, O.2
  • 15
    • 0000706823 scopus 로고
    • The effect of management buyouts on operating performance and value
    • Kaplan, Steven, 1989, The effect of management buyouts on operating performance and value, Journal of Financial Economics 24, 217-254.
    • (1989) Journal of Financial Economics , vol.24 , pp. 217-254
    • Kaplan, S.1
  • 16
    • 0001750860 scopus 로고
    • Consolidating corporate control: Dual-class recapitalizations versus leveraged buyouts
    • Lehn, Kenneth, Jeffrey Netter, and Annette Poulsen, 1990, Consolidating corporate control: Dual- class recapitalizations versus leveraged buyouts, Journal of Financial Economics 27, 577-580.
    • (1990) Journal of Financial Economics , vol.27 , pp. 577-580
    • Lehn, K.1    Netter, J.2    Poulsen, A.3
  • 18
    • 0000451344 scopus 로고
    • Consequences of unbundling managers' voting rights and equity claims
    • Mikkelson, Wayne and Megan Partch, 1994, Consequences of unbundling managers' voting rights and equity claims, Journal of Corporate Finance 1, 175-200.
    • (1994) Journal of Corporate Finance , vol.1 , pp. 175-200
    • Mikkelson, W.1    Partch, M.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.