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Product line transformation, foreign sales, and firm value: Evidence from COVID-19 pandemic governance in urban China

Using a sample of Chinese firms, we examine stock market reaction to firms that announce a change in their product lines to those related to COVID-19 management (medical masks and ventilators, among others). We find the market reacts positively to the announcements. In addition, when a firm ordinari...

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Detalles Bibliográficos
Autores principales: Wang, Liangliang, Yu, Junli, Chan, Kam C.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9755997/
https://www.ncbi.nlm.nih.gov/pubmed/36540340
http://dx.doi.org/10.1016/j.ribaf.2021.101487