Title :
Merger & Acquisition and Bubbles on Chinese Stock Market
Author :
Ling, Wang ; Bo, Liu ; Zou Gao-feng
Author_Institution :
Tianjin Univ., Tianjin
Abstract :
Findings by duration dependence test indicate that there are significant bubbles in market response to merger & acquisition. This paper compares the different responses caused by the same event between Shenzhen security market and Shanghai security market.
Keywords :
corporate acquisitions; econometrics; securities trading; statistical testing; Chinese stock market; Shanghai security market; Shenzhen security market; asset pricing bubbles; duration dependence test; merger & acquisition; Control systems; Corporate acquisitions; Economic forecasting; Finance; Pervasive computing; Power generation economics; Pricing; Security; Stock markets; Testing;
Conference_Titel :
Intelligent Pervasive Computing, 2007. IPC. The 2007 International Conference on
Conference_Location :
Jeju City
Print_ISBN :
978-0-7695-3006-2
DOI :
10.1109/IPC.2007.24
