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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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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Public Library of Science
2023
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| 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 |