1、2600 英文单词, 14000 英文字符 ,中文 4400 字 文献出处: Botika M. The use of DuPont analysis in abnormal returns evaluation: Empirical study of Romanian marketJ. Procedia-Social and Behavioral Sciences, 2012, 62: 1179-1183. The use of DuPont analysis in abnormal returns evaluation:Empirical study of Romanian market
2、Marianna Botika Abstract This paper comprehensively explores the DuPont components in order to demonstrate which of three areas influences stocks abnormal behavior the most. The results show an interesting evolution: in 2007 the strong dependence between cumulated abnormal returns and profitability
3、and ROA were founded. The 2008 and 2009 were a middle years which made investors to be unpredictable. The 2010 may be viewed as a returned year, all the data are extremely similar with 2007 year but with different elements. The research is indicating the fact that DuPont components represent an impo
4、rtant and viable form of stocks abnormal returns analysis. Keywords: Abnormal Returns, DuPont Analysis, Financial Statement Analysis, Romanian Capital Market; 1. Introduction DuPont analysis is highlighting company performances in three major areas: profitability, turnover, and leverage. These are t
5、he key indicator which can immediately show investors the company situation. In the previous research author found that during the financial statement announcement Romanian capital market registered abnormal returns. This paper comprehensively explores the DuPont components in order to demonstrate w
6、hich of three areas influences stocks abnormal behaviour the most. First part of study is dedicated to the advanced research of financial literature. The second and the biggest part is dedicated to empirical study of Romanian market. The accurate financial analysis was performed for all companies. The results show an interesting evolution: in 2007 little before the beginning of financial crises the strong dependence between cumulated abnormal returns and profitability and turnover elements w