FIGURES AND TABLES

FROM:

Insider trading and the valuation of international strategic alliances in emerging stock markets

Stewart R Miller, Dan Li, Lorraine Eden and Michael A Hitt

Figure 1.

Emerging stock market reaction to the public announcement of an international strategic alliance.

Full figure and legend (32K)

Table 1 - ISA announcements, by year and country of the foreign partner (a) Shanghai-listed firms; (b) Shenzhen-listed firms.

Full table

Table 2 - Cumulative abnormal returns: low vs high state ownership (a) 1991–2004; (b) 1991–1998; and (c) 1999–2004.

Full table

Table 3 - Cumulative abnormal returns: emerging vs developed market partner (a) 1991–2004; (b) 1991–1998; and (c) 1999–2004.

Full table