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1)  accumulated earnings
累计收益
2)  accumulated net income
累计净收益
3)  cumulative abnormal return
累计异常收益率
1.
The study finds that market response positively to the release of the reform information,cumulative abnormal return is positive,and the extent of response is significantly positive with the ratio of presenting shares and insignificant with the proportion of non-circulate shares.
研究结果表明:市场对此反应积极,期间累计异常收益率为正,且市场反应程度与公司送股比例显著正相关,而与非流通股比例无关。
4)  Cumulative Adjusted Returns
超额累计收益率
5)  cumulative abnormal return
累计超额收益率
6)  Cumulative abnormal return
累计超常收益率
1.
The result shows that the market overreacts to the offering announcement and the overreaction is more pronounced and persistent in the companies with larger offering price discount so the post announcement cumulative abnormal returns is significant lower for these companies.
发行后短期内高折价公司累计超常收益率显著小于低折价公司。
补充资料:财务内部收益率


财务内部收益率
financial internal rate of return,FIRR

  ea一wu ne,bu shouy{IU财务内部收益率return,FIRR)(finaneial internal rateof见电力项目对务评价。
  
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