英语翻译2.For example,if an acquirer announces amerger in a year
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英语翻译
2.For example,if an acquirer announces amerger in a year and uses stock as the payment method then in order to be included in our sample it cannot have different paymenttypes (e.g.cash) in the surrounding year (22) to year ( 1) of that announcement.Thisrequirement further reduces our sample to 1,470merger announcements by 1,118 uniquefirms.When we filter in a more conservative manner,by considering mergerannouncements where the acquirer undertakes only one deal during the entire sampleperiod (1990-2010) the sample reduces to 734 unique announcements of 734 uniqueacquirers.We label these two samples as “inclusive” and “conservative”,respectively,throughout this paper and use both samples in our analyses.
2.For example,if an acquirer announces amerger in a year and uses stock as the payment method then in order to be included in our sample it cannot have different paymenttypes (e.g.cash) in the surrounding year (22) to year ( 1) of that announcement.Thisrequirement further reduces our sample to 1,470merger announcements by 1,118 uniquefirms.When we filter in a more conservative manner,by considering mergerannouncements where the acquirer undertakes only one deal during the entire sampleperiod (1990-2010) the sample reduces to 734 unique announcements of 734 uniqueacquirers.We label these two samples as “inclusive” and “conservative”,respectively,throughout this paper and use both samples in our analyses.
例如,如果一家公司在某年宣布合并,而且使用股票作为支付方式,然后为了被包含在我们的样本中,在距离宣布日期所在年份的最近几年(22)不能有不同的付款方式 (如现金).这个要求使我们的合并公告的1470个样本减少了1118个不同的公司.当我们以更保守的方式过滤筛选,也就是通过考虑那些收购方在整个样本期间(1990-2010)只有一起交易的这些合并公告时,样本就减少到734个,这734个公告就是由这734个不同的收购方组成.在整个论文中这两个样本我们分别标签为“包容”和“保守”,并且分析时两个样本都会用.
英语翻译2.For example,if an acquirer announces amerger in a year
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