英语翻译For merger type 1,the DR coef?cient is notsigni?cant but
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英语翻译
For merger type 1,the DR coef?cient is notsigni?cant but the regression coef?cient on the managerial OWN variable is positiveand signi?cant at the 5 and 10 percent level for model (1) and model (2),respectively.Similarly,formerger type 2,the DRhas an insigni?cant coef?cient butmanagerialOWNhas a regression coef?cient that is positive and signi?cant at 5 percent level for bothmodels.Hence,it seems that higher insider OWN induces acquiring rms to increaseadvertising intensity in pre-merger announcement period if the method of payment isstock.
For merger type 1,the DR coef?cient is notsigni?cant but the regression coef?cient on the managerial OWN variable is positiveand signi?cant at the 5 and 10 percent level for model (1) and model (2),respectively.Similarly,formerger type 2,the DRhas an insigni?cant coef?cient butmanagerialOWNhas a regression coef?cient that is positive and signi?cant at 5 percent level for bothmodels.Hence,it seems that higher insider OWN induces acquiring rms to increaseadvertising intensity in pre-merger announcement period if the method of payment isstock.
![英语翻译For merger type 1,the DR coef?cient is notsigni?cant but](/uploads/image/z/5572835-35-5.jpg?t=%E8%8B%B1%E8%AF%AD%E7%BF%BB%E8%AF%91For+merger+type+1%2Cthe+DR+coef%3Fcient+is+notsigni%3Fcant+but)
合并1型,DR系数?大的是notsigni?只有回归系数?有效管理自己的变量是在积极的意义?在5和百分之10斜面模型(1)和模型(2),分别为.同样,formerger 2型的一个标志,drhas?斜面系数?大的butmanagerialownhas回归系数?大的,是积极的,在百分之5的水平bothmodels斜面.因此,它似乎更高的内部自身诱导获得?RMS increaseadvertising强度在合并前的公告期间如果付款isstock方法.
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