In the Menon and Williams paper, they used an event methodology to determine the market's interpretation of
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Question:
In the Menon and Williams paper, they used an event methodology to determine the market's interpretation of a news event.
Explain fully an event study methodology?
Why is that approach appropriate for answering the questions examined by Menon and Williams?
Why did Menon and Williams divide some of their tests into firms that had been financially distressed vs. firms that were not. Why was this an important tactic for answering the question they addressed?
Related Book For
Auditing An International Approach
ISBN: 978-1259087462
7th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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