Title
Efectos a largo plazo de las ampliaciones de capital en Espaa: Riesgo, optimismo y manipulacin de beneficios (Spanish Edition),Used
Delivery time: 8-12 business days (International)
Un tpico controvertido en la literatura financiera son las rentabilidades anormalmente bajas de las empresas los aos siguientes a la decisin de ampliar capital. La explicacin a este comportamiento anmalo ha sido objeto de un debate considerable y ha centrado numerosas investigaciones en distintos pases. Nuestro principal objetivo es analizar la evolucin a largo plazo de las empresas que amplan capital en Espaa as como indagar en las razones que podran justificar su posterior comportamiento. Se estudia la rentabilidad de las empresas tras la ampliacin de capital observando que las compaas experimentan rentabilidades anormales bajas en los aos siguientes. Adems, nuestros resultados apuntan a que esta evolucin desfavorable podra deberse a que los inversores son demasiado optimistas en sus expectativas acerca de estas empresas corrigindose este optimismo gradualmente en el periodo posterior. Finalmente, detectamos que las compaas emisoras parecen realizar manipulaciones alcistas en sus beneficios contables. De forma que, el bajo rendimiento de las acciones puede deberse, al menos en parte, a la ineficiencia del mercado para interpretar estas prcticas contables.
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⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.