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  _____      ___                _____     _____   
 / ____||   / _ \\    ____     |  ___||  /  ___|| 
/ //---`'  | / \ ||  |    \\   | ||__   | // __   
\ \\___    | \_/ ||  | [] ||   | ||__   | \\_\ || 
 \_____||   \___//   |  __//   |_____||  \____//  
  `----`    `---`    |_|`-`    `-----`    `---`   
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Text this: An event study on the effect of captive formation on the stock returns of parent companies in the Asia-Pacific.