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Keywords: Abnormal return
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Journal Articles
Journal of Economic Studies (2016) 43 (4): 574–586.
Published: 12 September 2016
... in 2009-2014 were used. Measures were created to demarcate growth firms from risk-averse firms and firms with highly volatile cash flows from their counterparts with cash flows of lesser volatility. Event studies were used to measure abnormal return and abnormal volume, while multiple regressions tested...

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