Selected Essays in Empirical Asset Pricing
| Author | : Christian Funke |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 123 |
| Release | : 2008-09-15 |
| ISBN-10 | : 9783834998149 |
| ISBN-13 | : 3834998141 |
| Rating | : 4/5 (141 Downloads) |
Book Synopsis Selected Essays in Empirical Asset Pricing by : Christian Funke
Download or read book Selected Essays in Empirical Asset Pricing written by Christian Funke and published by Springer Science & Business Media. This book was released on 2008-09-15 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
