Response of Chinase A-share Market to the Announcement on the Related Party Transactions
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F830

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    Abstract:

    This paper studies the response of A-share market to the announcement on the related-party transactions, with the method of excess earnings and multiple regression analysis. The evidence shows that stock market makes weakly positive response to the announcement. Results also suggest the surplus announcement is of informational content. Finally, some reasons resulting in weak response are presented.

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余菊,王川.中国A股市场对重大关联销售事项公告的反应[J].重庆大学学报,2004,27(11):128~133

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  • Revised:June 17,2004
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