Now showing items 1-4 of 4

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    An application of rank transformation : merger target predictions 

    Kaveepong Lertwachara; Pattana Booncho, jt. auth (Assumption University, 2006)

    This study attempts to predict merger targets among banks, and also investigates the predictive power rank transformation adds to the prediction models. Rank transformation has been suggested as a robust and powerful tool for financial problems. Multiple· discriminant analysis (MDA) and logistic regression have been applied to selected ranked and unranked financial ratios. Then, the classification results of MDA and logistic regression on both ranked and unranked data sets are compared. The results have indicated ...
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    An event study of the economic impact of professional sport teams on local incomes 

    Kaveepong Lertwachara; Cochran, James J, jt. auth. (Assumption University, 2005)

    Many cities have tried to use expensive incentives such as a state-of-the-art stadiums or tax exemptions to persuade major professional sport teams to relocate to or remain in their area. These cities do so because they expect a professional sport team to enhance the local economy. Jn this paper we utilize an event study approach to examine the economic impact of a sport team on the local economy. The results indicate a negative impact of a sport team on local per capita income in both the short and long-run.
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    Dow Jones commponents and economic indicators : a factor analysis approach 

    Kaveepong Lertwachara; Pattana Booncho, jt. auth. (Assumption University, 2005)

    This paper explores the relationships between economic indicators and movements in the Dow components returns. There have been numerous attempts to identify these relationships: the Arbitrage Pricing Theory (APT), one of these approaches, contributes directly to the mult(factor model. The theory, introduced by Ross in 19 7 6, has been a valuable approach to analyzing security returns because the APT allows analysts to study the effects of multiple influential factors . Factor analysis is then used to analyze these ...
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    Selecting stocks using a genetic algorithm : a case of real estate investment trusts 

    Kaveepong Lertwachara; Cochran, James J, jt. auth. (Assumption University, 2007)