Title of article
Are government initiated recalls more damaging for shareholders? Evidence from automotive recalls, 1973¯1998
Author/Authors
Rupp، Nicholas G. نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2001
Pages
-264
From page
265
To page
0
Abstract
Due to the increased frequency of recalls, this paper examines the stock market returns to both manufacturer and government-initiated automotive safety recalls. The equity response is shown to be independent of which entity (the government or the manufacturer) initiates the recall
Keywords
Markov process , Nonlinear , Dynamic factors , Canonical analysis , reversibility
Journal title
Economics Letters
Serial Year
2001
Journal title
Economics Letters
Record number
21680
Link To Document