Journal
FINANCE RESEARCH LETTERS
Volume 17, Issue -, Pages 186-192Publisher
ACADEMIC PRESS INC ELSEVIER SCIENCE
DOI: 10.1016/j.frl.2016.03.002
Keywords
Paris terrorist attack; Stock returns; Defense industry; Event study methodology
Categories
Ask authors/readers for more resources
This study explores the impact of the Paris terrorist attacks on the stock returns of the most important companies in the global defense industry. The investigation is carried out using the traditional event study methodology. The findings are suggestive that this terrorist attacks event supports an upward trend in cumulative abnormal returns across all companies over the post-attack period, implying a positive effect of the attacks on the defensive companies' stock returns. (C) 2016 Elsevier Inc. All rights reserved.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available