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  • Stock price reaction to appointment of a chief health officer during COVID-19
    Ichev, Riste
    This study examines how appointing a chief health officer (CHO) at the corporate-board level during the COVID-19 outbreak affects the stock returns of US firms. As the COVID-19 progressed, the ... negative abnormal return (CAR) is -7.5%. In contrast, shares of firms that had appointed a CHO before or during the window surrounding the date of the first reported COVID-19 case (the WHO declaration) exhibited positive CAR of +6.29% (+0.136%). CARs surrounding the exact CHO appointment date once the COVID-19 had already broken out the effect was even stronger, +6.91%. Size, leverage, growth, and R&D intensity influence significantly returns during the outbreak
    Vir: Journal of behavioural and experimental finance. - ISSN 2214-6350 (Vol. 31, art. 100541, Sep. 2021, 6 str.)
    Vrsta gradiva - članek, sestavni del
    Leto - 2021
    Jezik - angleški
    COBISS.SI-ID - 69542659
    DOI

Vnos na polico