Most of research papers so far, especially in the UK and the USA, suggest the presence of positive abnormal returns for target companies near the announcement date of a takeover. Among those studies, Dodd amp; Ruback (1977), Jensen amp; Ruback (1983), Jarrell amp; Poulsen (1987), Bradley, Desai...

When dealing with the social sciences, it is very difficult to find a discipline that is not linked to the role of education in the society, in one way or another. There are profound philosophical arguments (whether we are closer to rationalism or empiricism) to establish that education is among...

Under the perspective of the new regionalism described by Ethier (2001), this paper examines the changes in trade patterns introduced with the Canada - Chile Free Trade Agreement signed in 1997. Dynamic gravity equations are used to appraise the trade creation or trade diversion effect for a...

Este estudio presenta una medición y análisis del rendimiento de las ofertas públicas iniciales (IPO) en Chile en el período 1994-2007 siguiendo una metodología alternativa a aquella propuesta por Aggarwal, Leal y Hernandez (1993) en la década del ochenta. Utilizando información de serie...