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hey,Turkish friends,,which university is better,istanbul university or marmara university?
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520 我爱你!I LOVE YOU:)
Today is 520,which means i love you(WOAINI) in chinese.i want to say to those i love and love me that:"i love you! thank you for everything you have done for me,i really appreciate you all from the bottom of my heart."finally,i want to say to myself:"Mira,just dont forget smile.Believe yourself that you will have a wonderful life you in the future..love others and love yourself simultaneously.":)
20 maja 2013
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哪位好心人能帮我翻译一下这篇关于wealth effects of capital的论文节选,翻译一两段也好,不胜感激。
Following Esther et al. (2003), we separate public announcement
wealth effects, measured by CARj (0, 3), from insider
information wealth effects, measured by CAR ( 3, 0) (see
Panels C and D of Table 7). Regression model 8 indicates that
the wealth effects of public announcement of the corporate
capital investment decision are negatively associated with chaebol
dummy, log of investment size, Tobin’s q, and they are
positively associated with the interaction variable of the
investment size and Tobin’s q. The negative coefficient of chaebol
dummy suggests that the public reaction is more negative for
chaebol-affiliated firms than for non-chaebol firms, after other
theoretically relevant variables are controlled for. This supports
the view that chaebol-affiliated firms are less likely to maximize
the share value and more inclined to take non-positive NPV
investment projects. The negative coefficient for INV suggests
that Korean investors react more positively for investment
projects with smaller investment size.
Table 7 shows that the coefficient estimates of TQ are negative
but not significant, except in regression model 8 where the
dependent variable is CAR (0, 3). The estimated coefficient of
TQ may be related to the magnitude of price change prior to
the public disclosure. As shown in Panel B of Table 6, the wealth
effects of insider information on capital investment decisions for
WEALTH EFFECTS OF CAPITAL INVESTMENT DECISIONS 967
# Blackwell Publishing Ltd 2005
q > 1 firms, measured as CAAR ( 3, 1), are 0.634%, while the
wealth effects of public disclosure, measured as CAAR (0, 3), are
0.22%. Therefore, the CAAR (0, 3) finding for Tobin’s q may
simply indicate that a portion of the positive CARs found
pre-announcement has been reversed. The general findings for
Tobin’s q are consistent with Burton et al. (1999) who stated that:
the market reaction to capital expenditure announcements did not appear
to be predicated on this conventional measure of corporate investment
opportunities . . .
.
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I love this man" for the rest of my life".:)
Today,i "fell in love" with a singer called maher zain.I love the way he express islam.He is so atractive.I am keen on his song.The thing that most impressed me is that he is the same person in his songs or in reality.Unlike some other singers,he just sing from his heart."for the rest of my life "is my favourate song..I wish he continue to persist on his belief that is in the bottom of his heart and to sing more wonderful songs for his fans..
26 kwietnia 2013
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allah,don't let my people alone...
At this situation,we are helpless.i cant criticize anyone, i cant say even a word.The only thing that i can do is pray to allah..Allah,please dont let my people alone.They will so frightened without you.i dont want to see any kind of slaughter on the any part of the earth.Please,be with us..
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