Event studies attempt to measure:
A)the influence of information release to the market on returns in days surrounding the announcement.
B)if the market is at least semistrong efficient.
C)whether there is a significant reaction to public announcements.
D)All of the above.
E)None of the above.

Question

Quizplus · Accepted Answer

Event studies attempt to measure the influence of information release to the market on returns in days surrounding the announcement, which is related to the semi-strong form of efficiency. Additionally, event studies aim to determine whether there is a significant reaction to public announcements, which encompasses all of the choices. Therefore, the best choice is D, All of the above.

Event Studies Attempt to Measure