来自杜文莉的问题
英语翻译Formergertype1,theDRcoef?cientisnotsigni?cantbuttheregressioncoef?cientonthemanagerialOWNvariableispositiveandsigni?cantatthe5and10percentlevelformodel(1)andmodel(2),respectively.Similarly,formergertype2,
英语翻译
Formergertype1,theDRcoef?cientisnotsigni?cantbuttheregressioncoef?cientonthemanagerialOWNvariableispositiveandsigni?cantatthe5and10percentlevelformodel(1)andmodel(2),respectively.Similarly,formergertype2,theDRhasaninsigni?cantcoef?cientbutmanagerialOWNhasaregressioncoef?cientthatispositiveandsigni?cantat5percentlevelforbothmodels.Hence,itseemsthathigherinsiderOWNinducesacquiringrmstoincreaseadvertisingintensityinpre-mergerannouncementperiodifthemethodofpaymentisstock.
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2020-03-10 17:22