アクティビストの株式保有に対する市場の反応
書誌事項
- タイトル別名
-
- Market reaction to the information that a activist holds over 5% of the firm's stock
抄録
<p>I constructed the stock artificial market in order to analyze why an activist's announcement of the information that he holds over 5% of the firm's stock brings about rising of the stock price. I prepared two hypothesis. The first hypothesis is that the stock price rises because of speculators who consider the announcement to be the sign that the firm is undervalued. the second hypothesis is that investors expect jawboning rather than proxy contest. As a result, I found that the expectation for jawboning is much larger than proxy contest. Many investors regard the effect of jawboning as important.</p>
収録刊行物
-
- 人工知能学会第二種研究会資料
-
人工知能学会第二種研究会資料 2008 (FIN-001), 08-, 2008-09-13
一般社団法人 人工知能学会
- Tweet
詳細情報 詳細情報について
-
- CRID
- 1390576148375146496
-
- ISSN
- 24365556
-
- 本文言語コード
- ja
-
- データソース種別
-
- JaLC
-
- 抄録ライセンスフラグ
- 使用可