The impact of analyst downgrade on dynamic transmission between ADRs and their underlying stocks
碩士 === 國立中興大學 === 財務金融系所 === 96 === ABSTRACT This paper use GJR-GARCH model to investigate the return and volatility spillover effects between underlying stocks and their ADRs. The sample companies used in empirical analysis included ADRs and their underlying stocks from Taiwan. We examine the imp...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Online Access: | http://ndltd.ncl.edu.tw/handle/66228272365127628645 |