Analysis of the present or future impact of a particular news story or significant event related to a firm or a financial market. An event study tries to determine whether that event already has, or will have, a statistically significant effect on the firm or market such that it will affect its financial standing or performance. In case of a firm, the event may be within its control (such as the announcement of a dividend or merger) or outside its control (such as the passage of an adverse or favorable court ruling or law bill). For a firm, the effects of the event typically reflect in its stock price. For a market, the effects reflect in changes in supply and demand situation.
Related information about event study:
- Event study - Wikipedia, the free encyclopedia
An Event study is a statistical method to assess the impact of an event on the value of a firm. For example, the announcement of a merger between two business ...
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What is an event study? An event study, in economics/finance/accounting research, is an analysis of whether there was a statistically significant reaction in ...
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An event study attempts to measure the valuation effects of a corporate event, such as a ... The time line for a typical event study is shown below in event time: ...
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In this paper, I describe some of the main event study tests used in empirical ... model to measure normal returns is therefore central to conduct an event study.
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An empirical study performed on a security that has experienced a significant catalyst occurrence, and has subsequently changed dramatically in value as a ...
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May 20, 2008 ... An event study is used to examine reactions of the market to events of interest. A simple event study involves the following steps: Cleaning the ...
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This paper discusses the event study methodology, beginning with FFJR ... finance, since the event study methodology has also been widely used in those ...
- Home | Event Study Tools
This website offers resources helpful in conducting event studies. It e.g. provides methodological readings, applications, sources of data, and dedicated tools.