Abnormal Stock Returns and Journalism's Recommendations: Reexamining of Hybrid Grey-Market Model

dc.citation.epage	318	en_US
dc.citation.issue	3	en_US
dc.citation.spage	309	en_US
dc.citation.volume	21	en_US
dc.citation.woscount	0
dc.contributor.author	Wang Yi-Hsien	en_US
dc.contributor.author	Chuang Chung-Chu	en_US
dc.contributor.author	Tsai Chung-Ming	en_US
dc.contributor.author	Chuang Ya-Hui	en_US
dc.contributor.department	管理科學系	zh_TW
dc.contributor.department	Department of Management Science	en_US
dc.date.accessioned	2014-12-08T15:10:17Z
dc.date.available	2014-12-08T15:10:17Z
dc.date.issued	2009	en_US
dc.description.abstract	This study employs hybrid grey-market model to reexamine the market behavior of journalism's recommendations of electronics companies. The empirical results confirm that security analysis recommend the continued growth stock to maintain the forecasting performance. Furthermore, the investors hold the conservative portfolio to reduce market risk, and the abnormal returns are moving lower following the analysis' recommendation.	en_US
dc.identifier.issn	0957-3720	en_US
dc.identifier.journal	JOURNAL OF GREY SYSTEM	en_US
dc.identifier.uri	https://ir.lib.nycu.edu.tw/handle/11536/7855
dc.identifier.wosnumber	WOS:000269782300010
dc.language.iso	en_US	en_US
dc.subject	Grey-market model	en_US
dc.subject	Recommendatory stock	en_US
dc.subject	Abnormal return	en_US
dc.subject	Event study	en_US
dc.title	Abnormal Stock Returns and Journalism's Recommendations: Reexamining of Hybrid Grey-Market Model	en_US
dc.type	Article	en_US

Files

Now showing 1 - 1 of 1