【摘要】 从市场效应的角度来揭示重大资产重组事件对公司价值的影响。通过对2000-2003年中国上市公司的187个资产重组事件的平均股价和累计非正常收益率实证分析表明,市场对上市公司的重大资产重组有强烈的超前反应,资产重组给公司带来了一定的价值提升。更多还原

【Abstract】 This paper tries to reveal the impact of great reorganization of assets on company’s value in terms of market effect.Using the case study method and average stock price,we have studied 187 cases related to Chinese listed companies from 2000 to 2003.It shows that there is a strong leading response to the great reorganization of assets on the market,and the reorganization of assets has brought certain value promoting for company.更多还原