Firm Characteristics and Long-Run Stock Returns after Corporate Events

By H. Bessembinder, Feng Zhang. 2013

148 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/ac0a41c2706b76844e3448de43d742df7d9ff8cc

Citations in the corpus

• Organization Capital and Mergers and Acquisitions (2017, unknown): “12 Motivated by Bessembinder and Zhang (2013), in Table IA2 in the Internet Appendix, we further control for pre-merger differences between event and control firms in beta, idiosyncratic volatility, investment, and their respective squared terms, in the regression specification in Equation (3), and ”
• Failure and success in mergers and acquisitions (2019, unknown): “4 Bessembinder and Zhang (2013) find that any difference in results between cross-sectional and time-series models is due to the imperfect matching of event and control firms, and argue that cross-sectional measures such as BHARs should match not only on size and market-to-book, but also on idiosync”