SOONGSWANG, Amporn - In: Journal of Applied Research in Finance Bi-Annually III (2011) 1, pp. 85-97
. There is even less evidence about whether such activities result in value-increasing or value-decreasing effects for bidding … Stock Exchange of Thailand (SET). The bidding firms' performances during a period (-12,+12) months before and after the …, suggesting that a Thai takeover results in significantly positive and negative abnormal returns for the bidding firm …