| dc.contributor | 財管系 | - |
| dc.creator (作者) | 張元晨 | - |
| dc.creator (作者) | Lin, Hsiao-Mei;Fok, Robert;Yang, Shih-An;Chang, Yuanchen | - |
| dc.date (日期) | 2015 | - |
| dc.date.accessioned | 10-Nov-2015 16:39:09 (UTC+8) | - |
| dc.date.available | 10-Nov-2015 16:39:09 (UTC+8) | - |
| dc.date.issued (上傳時間) | 10-Nov-2015 16:39:09 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/79392 | - |
| dc.description.abstract (摘要) | This paper examines the valuation effects of corporate name changes involving oil-related terms in the U.S. and Canadian stock markets. We show that relatively more U.S. companies add oil-related terms to their corporate names compared to Canadian firms. Investors in the U.S. market react more positively towards firms experiencing oil-related name changes during the recent oil price surge. On the other hand, the results indicate that the oil-related name change effects appear to be transitory in the Canadian market. Name changes trigger positive returns surrounding the announcement day, but the negative post-event drift largely cancels the effect. Moreover, investor reactions to oil-related name changes are associated with the company`s actual involvement in the oil industry. | - |
| dc.format.extent | 1082806 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | Journal of International Financial Markets,Institutions & Money, | - |
| dc.subject (關鍵詞) | Corporate name change; Oil price;Event study | - |
| dc.title (題名) | The Wealth Effects of Oil-related Name Changes on Stock Prices: Evidence from the U.S. and Canadian Stock Markets | - |
| dc.type (資料類型) | article | en |
| dc.identifier.doi (DOI) | 10.1016/j.intfin.2015.07.003 | - |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1016/j.intfin.2015.07.003 | - |
