메뉴 건너뛰기




Volumn 35, Issue 1, 2006, Pages 129-157

Concentrated announcements on clustered data: An event study on biotechnology stocks

Author keywords

[No Author keywords available]

Indexed keywords


EID: 33745314837     PISSN: 00463892     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1755-053X.2006.tb00134.x     Document Type: Review
Times cited : (11)

References (30)
  • 1
    • 4043121703 scopus 로고    scopus 로고
    • Research and development activity and expected returns in the United Kingdom
    • Al-Horani, A., P.E. Pope, and A.W. Stark, 2003, "Research and Development Activity and Expected Returns in the United Kingdom," European Finance Review 7, 27-46.
    • (2003) European Finance Review , vol.7 , pp. 27-46
    • Al-Horani, A.1    Pope, P.E.2    Stark, A.W.3
  • 2
    • 0041043843 scopus 로고    scopus 로고
    • Catastrophic shocks in the property-liability insurance industry: Evidence on regulatory and contagion effects
    • Angbazo, L.A. and R. Narayanan, 1996, "Catastrophic Shocks in the Property-Liability Insurance Industry: Evidence on Regulatory and Contagion Effects," Journal of Risk and Insurance 63, 619-637.
    • (1996) Journal of Risk and Insurance , vol.63 , pp. 619-637
    • Angbazo, L.A.1    Narayanan, R.2
  • 3
    • 0001393174 scopus 로고
    • An event study approach to measuring innovative output: The case of biotechnology
    • Austin, D.A., 1993, "An Event Study Approach to Measuring Innovative Output: The Case of Biotechnology," American Economic Review 83, 253-258.
    • (1993) American Economic Review , vol.83 , pp. 253-258
    • Austin, D.A.1
  • 4
    • 33745297274 scopus 로고    scopus 로고
    • BIO responds to Clinton, Blair statement on gene-based health-care research
    • March 14
    • Biotechnology Industry Organization, 2000, "BIO Responds To Clinton, Blair Statement On Gene-Based Health-Care Research," Press Release, March 14.
    • (2000) Press Release
  • 6
    • 0002643496 scopus 로고
    • Measuring security price performance using daily NASDAQ returns
    • Campbell, C.J. and C.E. Wasley, 1993, "Measuring Security Price Performance using Daily NASDAQ Returns," Journal of Financial Economics 33, 73-92.
    • (1993) Journal of Financial Economics , vol.33 , pp. 73-92
    • Campbell, C.J.1    Wasley, C.E.2
  • 7
    • 33745323722 scopus 로고    scopus 로고
    • Celera compiles DNA sequence covering 90% of the human genome
    • January 10
    • Celera Genomics, 2000a, "Celera Compiles DNA Sequence Covering 90% of the Human Genome," Company Press Release, January 10.
    • (2000) Company Press Release
  • 8
    • 33745309800 scopus 로고    scopus 로고
    • Celera statement on the policy statement of president Clinton and prime minister Blair on the availability of genomic information
    • March 14
    • Celera Genomics, 2000b, "Celera Statement on the Policy Statement of President Clinton and Prime Minister Blair on the Availability of Genomic Information," Company Press Release, March 14.
    • (2000) Company Press Release
  • 9
    • 33745295046 scopus 로고    scopus 로고
    • Celera genomics completes sequencing phase of the genome from one human being
    • April 6
    • Celera Genomics, 2000c, "Celera Genomics Completes Sequencing Phase of the Genome from One Human Being," Company Press Release, April 6.
    • (2000) Company Press Release
  • 10
    • 0010019475 scopus 로고    scopus 로고
    • The stock market valuation of research and development expenditures
    • Chan, L.K.C., J. Lakonishok, and T. Sougiannis, 2001, "The Stock Market Valuation of Research and Development Expenditures," Journal of Finance 56, 2431-2456.
    • (2001) Journal of Finance , vol.56 , pp. 2431-2456
    • Chan, L.K.C.1    Lakonishok, J.2    Sougiannis, T.3
  • 11
    • 23844527470 scopus 로고    scopus 로고
    • Measuring the value of strategic alliances in the wake of a financial implosion: Evidence from Japan's financial services sector
    • Chiou, I. and L.J. White, 2005, "Measuring the Value of Strategic Alliances in the Wake of a Financial Implosion: Evidence from Japan's Financial Services Sector," Journal of Banking and Finance 29, 2455-2473.
    • (2005) Journal of Banking and Finance , vol.29 , pp. 2455-2473
    • Chiou, I.1    White, L.J.2
  • 12
    • 0033482168 scopus 로고    scopus 로고
    • How legislation affects value: The failure of credit card cap legislation
    • Cornett, M.M. and J. Musumeci, 1999, "How Legislation Affects Value: The Failure of Credit Card Cap Legislation," Financial Management 28, 83-94.
    • (1999) Financial Management , vol.28 , pp. 83-94
    • Cornett, M.M.1    Musumeci, J.2
  • 14
    • 33749638253 scopus 로고
    • Risk measurement when shares are subject to infrequent trading
    • Dimson, E., 1979, "Risk Measurement when Shares are Subject to Infrequent Trading," Journal of Financial Economics 7, 197-226.
    • (1979) Journal of Financial Economics , vol.7 , pp. 197-226
    • Dimson, E.1
  • 16
    • 84993866889 scopus 로고
    • Time-series variation in dividend pricing
    • Eades, K.M., P.J. Hess, and E.H. Kim, 1994, "Time-Series Variation in Dividend Pricing," Journal of Finance 49, 1617-1638.
    • (1994) Journal of Finance , vol.49 , pp. 1617-1638
    • Eades, K.M.1    Hess, P.J.2    Kim, E.H.3
  • 17
    • 0347122026 scopus 로고    scopus 로고
    • Patenting genome research tools and the law
    • Eisenberg, R., 2003, "Patenting Genome Research Tools and the Law," Comptes Rendus Biologies 326, 1115-1120.
    • (2003) Comptes Rendus Biologies , vol.326 , pp. 1115-1120
    • Eisenberg, R.1
  • 18
    • 84977737676 scopus 로고
    • The cross-section of expected stock returns
    • Fama, E.F. and K.R. French, 1992, "The Cross-Section of Expected Stock Returns," Journal of Finance 47, 427-465.
    • (1992) Journal of Finance , vol.47 , pp. 427-465
    • Fama, E.F.1    French, K.R.2
  • 19
    • 38549147867 scopus 로고
    • Common risk factors in the returns on stocks and bonds
    • Fama, E.F. and K.R. French, 1993, "Common Risk Factors in the Returns on Stocks and Bonds," Journal of Financial Economics 33, 3-56.
    • (1993) Journal of Financial Economics , vol.33 , pp. 3-56
    • Fama, E.F.1    French, K.R.2
  • 20
    • 84987480070 scopus 로고
    • Using dummy variables in the event methodology
    • Karafiath, I., 1988, "Using Dummy Variables in the Event Methodology," Financial Review 23, 351-357.
    • (1988) Financial Review , vol.23 , pp. 351-357
    • Karafiath, I.1
  • 21
    • 0001954909 scopus 로고    scopus 로고
    • Real-options valuation for a biotechnology company
    • Kellogg, D. and J.M. Charnes, 2000, "Real-Options Valuation for a Biotechnology Company," Financial Analyst Journal 56, 76-84.
    • (2000) Financial Analyst Journal , vol.56 , pp. 76-84
    • Kellogg, D.1    Charnes, J.M.2
  • 22
    • 21344491476 scopus 로고
    • The importance of patent scope: An empirical analysis
    • Lerner, J., 1994, "The Importance of Patent Scope: An Empirical Analysis," RAND Journal of Economics 25, 319-333.
    • (1994) RAND Journal of Economics , vol.25 , pp. 319-333
    • Lerner, J.1
  • 23
    • 0032325197 scopus 로고    scopus 로고
    • Valuation of internal growth opportunities: The case of a biotechnology company
    • Ottoo, R.E., 1998, "Valuation of Internal Growth Opportunities: The Case of a Biotechnology Company," Quarterly Review of Economics and Finance 38, 615-633.
    • (1998) Quarterly Review of Economics and Finance , vol.38 , pp. 615-633
    • Ottoo, R.E.1
  • 24
    • 0036339863 scopus 로고    scopus 로고
    • The interactions between R&D investment decisions and compensation policy
    • Ryan, H.E. and R.A. Wiggins, 2002, "The Interactions Between R&D Investment Decisions and Compensation Policy," Financial Management 31, 5-29.
    • (2002) Financial Management , vol.31 , pp. 5-29
    • Ryan, H.E.1    Wiggins, R.A.2
  • 29
    • 84946357749 scopus 로고
    • An efficient method of estimating seemingly unrelated regressions and tests for aggregation bias
    • Zellner, A., 1962, "An Efficient Method of Estimating Seemingly Unrelated Regressions and Tests for Aggregation Bias," Journal of the American Statistical Association 57, 348-368.
    • (1962) Journal of the American Statistical Association , vol.57 , pp. 348-368
    • Zellner, A.1
  • 30
    • 0037570361 scopus 로고
    • An examination of the market reactions associated with SFAS No. 8 and SFAS No. 52
    • Ziebart, D.A. and D.H. Kim, 1987, "An Examination of the Market Reactions Associated with SFAS No. 8 and SFAS No. 52," Accounting Review 62, 343-357.
    • (1987) Accounting Review , vol.62 , pp. 343-357
    • Ziebart, D.A.1    Kim, D.H.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.