The Abnormal Return in an Event Study Is Described As

question 25

Multiple Choice

The abnormal return in an event study is described as:

• A)the return earned on the day of announcement for the stock.
• B)the excess return earned on the day of announcement for the stock.
• C)the total return earned for the investment holding period.
• D)All of the above.
• E)None of the above.

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Definitions:

Cultural Imperialism Thesis

The theory that suggests dominant cultures exert influence and impose their values, beliefs, and practices on other cultures through media and cultural products.

Western Media Products

Content produced by media companies based in Western countries, characterized by certain cultural viewpoints and values, often contrasted with media from other regions.

Commercialization

Commercialization entails the process of bringing new products or services to the market, focusing on their sale, distribution, and marketing.

Media Globalization

The worldwide integration and expansion of media technologies and networks, enabling the global dissemination and exchange of information and cultural products.