Can I read The Japanese stock market : pricing systems and accounting information on EtoBox?

The Japanese stock market : pricing systems and accounting information by Shigeki Sakakibara, Yamaji, Hidetoshi., Hisakatsu Sakurai, Kengo Shiroshita, Shimon Fukuda is a book available to read on EtoBox.

What is The Japanese stock market : pricing systems and accounting information about?

<p>This timely volume brings together professors of finance and accounting from Japanese universities to examine the Japanese stock market in terms of its pricing and accounting systems. The papers report the results of empirical research into the Japanese stock market within the framework of new theories of finance. Academics, professionals, and anyone seeking to understand or enter the Japanese market will applaud the publication of this practical, informative volume.</p> <p>Having gathered data from the late 1970's through 1984, the authors analyze the market's behavior and the applicability of two major theoretical pricing models -- the Capital Asset Pricing Models and the Efficient Market Hypothesis -- to that market. Chapter 1 provides background statistical evidence on the behavior of monthly returns on Tokyo Stock Exchange common stocks. Chapter 2 discusses an empirical test of the capital asset pricing model. Chapter 3 examines evidence on the price performance of unseasoned new issues. The authors also examine the Japanese accounting disclosure system: Chapter 4 deals empirically with the information content of the annual accounting announcements and related market effici

Author

Shigeki Sakakibara, Yamaji, Hidetoshi., Hisakatsu Sakurai, Kengo Shiroshita, Shimon Fukuda

Publisher

Praeger Publishers; Praeger

Published

1988

Language

EN

ISBN

9780275929305

Subjects

Economics, Finance, Business