Papasyriopoulos, Nikolas; Koulakiotis, Athanasios; … - In: The International Journal of Business and Finance Research 1 (2007) 2, pp. 125-132
Using the event study methodology introduced by Brown and Warner (1985) for six Greek industrial and construction firms, we attempt to measure the abnormal returns on stock prices on the day of the acquisition announcement. Estimation period and event period in our market model is -211 -11 -10,...