Essays about: "Yangyang Wang"

Found 1 essay containing the words Yangyang Wang.

  1. 1. An Empirical Study on Market Response to Corporate Debt Announcements

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Yuan Liu; Yangyang Wang; [2015]
    Keywords : public traded debt; bank loan; debt announcement; abnormal stock return;

    Abstract : James (1987) finds a positive relationship between stock price change and bank loan announcements and a non-positive relationship between stock price change and public traded debt announcements. Other studies also confirm that the stock market prefers bank loan announcement to public debt announcement and find some driving factors for the difference. READ MORE