Paper Title :The Wealth Effect of Corporate Different Financial Distress Events

Author :Shu-Ling Yang, Hsien-Yi Chen

Article Citation :Shu-Ling Yang ,Hsien-Yi Chen , (2018 ) " The Wealth Effect of Corporate Different Financial Distress Events " , International Journal of Management and Applied Science (IJMAS) , pp. 16-19, Volume-4,Issue-12

Abstract : This study examines the effects of different financially distressful events on corporate stock cumulative abnormal returns. The findings suggest that corporate financial distress events lead to significantly negative wealth effects. In addition, we found that the most acute financial distress events led to significantly more negative wealth effects. Index Terms - Financial Distress; Wealth Effect

Type : Research paper

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