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Reported corporate misconducts: The impact on the financial markets

This study empirically examines how reported corporate misconducts affect the stock returns of US firms. As the reported misconducts are broadcasted in the newspaper outlets, the cumulative abnormal return (CAR) is -4.1%. Involvement in a reported corporate misconduct gets punished by market partici...

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Detalles Bibliográficos
Autor principal: Ichev, Riste
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9910724/
https://www.ncbi.nlm.nih.gov/pubmed/36758041
http://dx.doi.org/10.1371/journal.pone.0276637