An event study on the effect of captive formation on the stock returns of parent companies in the Asia-Pacific.

• Main Authors: Huang, Esther Chuxin., Wong, Yujie., Teo, Choon Beng.
• Other Authors: Yee, Wah Chin
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Equity
• Online Access: http://hdl.handle.net/10356/9744
• Institution: Nanyang Technological University

This report analyzes the effect of captive formation on the stock returns of parent companies incorporated in the Asia-Pacific. The study applies specifically to 2 countries: Japan and Australia. The cumulative abnormal return (CAR) model is used in the analysis.