名字里的.com有什么含义?:‘.com’名称变更对股票价格和交易活动的影响

What's in a name.com?: The effects of ‘.com’ name changes on stock prices and trading activity

STRATEGIC MANAGEMENT JOURNAL · 2001
被引 219
人大 AFT50UTD24ABS 4*

中文导读

研究了公司宣布将名称改为包含‘.com’时投资者的反应,发现这类公告会显著提升股价和交易量,且当名称变更伴随其他战略投资时效果更强。

Abstract

Abstract This paper uses a market signaling perspective to examine investor reactions to firm announcements of name changes to include ‘.com.’ Firms that change their name as a purely cosmetic technique are contrasted to those that employ other strategic investments. Results show that announcements of ‘.com’ name changes are associated with significant increases in stock prices and trading activity. Furthermore, the magnitude of investor reactions is significantly larger when name changes are accompanied by other strategies. Copyright © 2001 John Wiley & Sons, Ltd.

公司金融市场信号股票市场投资者行为