. Mit Hilfe einer Ereignisstudie werden die Marktreaktionen auf elf Ereignisse untersucht, die die Wahrscheinlichkeit der … Einführung der Regulierung beeinflusst haben. Die Ereignisstudie zeigt eine negative Gesamtmarktreaktion, die darauf schließen … shareholders is opposed to higher costs for obtaining information. This paper addresses the question of whether shareholders …

the cumulative abnormal return for a [-8, +4] window is negative and significant. These inconclusive results reinforce the … higher takeover prices, which is expected to increase shareholders' wealth. These two hypotheses have been widely tested in … the existence of a significant wealth effect, measured by an abnormal return of 0.5%, at the date of adoption, although …

bootstrapping. Our results show significant abnormal returns for Japanese nuclear utility firms during the one-week event window and … the subsequent four-week post-event window. Furthermore, while French and German nuclear utility and alternative energy … stocks exhibit significant abnormal returns during the event window, we cannot confirm abnormal returns for U.S. stocks. …

less information and higher institutional of ownership structure may disclose more information to shareholders through … information to meet the needs of non-dispersed shareholders .Agency theory is utilized as the underlying theoretical framework of …