【摘要】 上市公司重组公告引起了公司股票价格的变动。本文结合事件研究法和会计研究法,从公司的财务特征出发建立了不同种类重组引致的市场反应的预测模型,一方面检验了基于组织资本、财务资源协同和收购成本所提出的五个假设,另一方面探索了投资者预期不同重组所采用的财务指标。更多还原

【Abstract】 Restructuring of a listed company usually fluctuates its stock price. In this paper we apply the event study method and accounting method to build up the forecast model of market response to different types of assets restructuring. On the one hand, we test five hypotheses, which are based on the organizational capital, financial resources synergy and costs of acquisition. On the other hand, we explore the financial indexes that investors use to forecast different restructuring.更多还原