Securities Regulation
Accuracy of Predictions in the Event Study Methodology
Stephen J. Brown and Jerold B. Warner
- Year
- 1980
- Venue
- Journal of Financial Economics
- Level
- Advanced
Summary
Examines the properties of event-study methods for measuring stock-price reactions to firm-specific events. The paper is a methodological foundation for securities litigation, disclosure research, merger studies, and empirical analysis of legal events reflected in market prices.
Citation
Stephen J. Brown and Jerold B. Warner. "Accuracy of Predictions in the Event Study Methodology." Journal of Financial Economics, 1980.
BibTeX
@article{Brown1980Accuracy,
title = {Accuracy of Predictions in the Event Study Methodology},
author = {Stephen J. Brown and Jerold B. Warner},
year = {1980},
journal = {Journal of Financial Economics},
url = {https://www.sciencedirect.com/science/article/pii/0304405X80900132}
}