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Conditions for Capital Market Development

R t AR t E ( R t | X t ) (1.4) Where, AR it , R it , and E(R it |X t ) are the abnormal return, actual return, and expected return of stock i on day t , respectively . X t is the event information related to the price of the stock under study. The expected return of stock i on day t is determined ...

Sources of Business Capital

Corporate financial management plays a huge role in the business activities of the enterprise. In current business activities, corporate financial management plays the following main roles: - Mobilize sufficient and timely capital for business operations of the enterprise. During the operation of a ...

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