Event-driven Data

As Taiwan’s financial market continues to develop, the number of listed companies has steadily increased, reflecting the growing vitality of the local capital market and the expansion of corporate scale (Figure 1). In this context, shareholders’ meetings are not only a key part of corporate governance, but also an important focus for investors. They often involve critical information such as future business direction, dividend distribution, capital increases, and capital reductions, all of which may affect investment returns.

Provide comprehensive information on corporate capital change events, including capital increases, capital reductions, dividend distributions, mergers and acquisitions, spin-offs, Global Depositary Receipt (GDR) issuance, convertible bond (CB) conversions, and employee stock subscriptions. This data facilitates a deeper understanding of corporate capital change policies and their execution.

Provide comprehensive information on corporate capital change events, including capital increases, capital reductions, dividend distributions, mergers and acquisitions, spin-offs, Global Depositary Receipt (GDR) issuance, convertible bond (CB) conversions, and employee stock subscriptions. This data facilitates a deeper understanding of corporate capital change policies and their execution.

Provide comprehensive information on corporate capital change events, including capital increases, capital reductions, dividend distributions, mergers and acquisitions, spin-offs, Global Depositary Receipt (GDR) issuance, convertible bond (CB) conversions, and employee stock subscriptions. This data facilitates a deeper understanding of corporate capital change policies and their execution.

Provide comprehensive information on corporate capital change events, including capital increases, capital reductions, dividend distributions, mergers and acquisitions, spin-offs, Global Depositary Receipt (GDR) issuance, convertible bond (CB) conversions, and employee stock subscriptions. This data facilitates a deeper understanding of corporate capital change policies and their execution.

Treasury stock refers to shares a company repurchases with its own cash. These shares may be held for future issuance or permanently retired from circulation. Companies usually set a maximum buyback volume, but the actual repurchased amount determines the execution rate—the ratio of completed buybacks to the planned volume. A high execution rate suggests aggressive buybacks, while a low rate may indicate caution amid market conditions.

In this article, we use Event Study to explore the impact of announcement of different corporate events on the stock retuens. Let's find out the results and learn more about event-driven data!

TEJ Quantitative investment database covers three different categories of databases, namely market data, financial accounting data, and corporate action event data. The overall database not only has high coverage of Taiwan stock market information but also is point-in-time, which is necessary for quantitative analysis.

Seasoned Equity Offerings Are Not Just Fundraising —They May Also Affect Market Confidence Seasoned equity offerings are a common way for listed companies to raise capital. When companies need funding, they may issue new shares to the market instead of relying only on bank loans or corporate bonds. The proceeds can be used for capacity […]