Blockchain Hysteria : Adding ‘‘Blockchain’’ to Company’s Name

Using a list of companies that changed their names to add ‘‘blockchain'' or ‘‘bitcoin'' to their names, we find that after changing the names, these firms have a significant abnormal positive return that lasts for 2 months. The abnormal return turns negative 5 months after the change. This suggests that these firms changed their names to take advantage of the hysteria surrounding the price rise of bitcoin

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Year of publication:	2019
Authors:	Jain, Archana
Other Persons:	Jain, Chinmay (contributor)
Publisher:	[2019]: [S.l.] : SSRN
Subject:	Blockchain \| Datensicherheit \| Data security \| Virtuelle Währung \| Virtual currency
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economics Letters, Vol. 181, 2019 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 25, 2019 erstellt Volltext nicht verfügbar
Classification:	G10 - General Financial Markets. General ; G14 - Information and Market Efficiency; Event Studies ; G3 - Corporate Finance and Governance
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012869698