Stock market reactions to announced corporate illegalities

Extending the work of Davidson and Worrell (1988), we further investigate the stock market's reaction to announced corporate illegalities. We examine a sample of 535 announcements of corporate crime and obtain an overall insignificant stock market reaction. However, when the sample is divided b...

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Authors: Davidson, Wallace N. (Author) ; Worrell, Dan L. (Author) ; Lee, Chun I. (Author)
格式: 电子 文件
语言:English
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出版: Springer Science + Business Media B. V 1994
In: Journal of business ethics
Year: 1994, 卷: 13, 发布: 12, Pages: 979-987
Further subjects:B Illegal Activity
B Negative Reaction
B Stock Market
B Market Reaction
B Economic Growth
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