Adams, Greg; McQueen, Grant; Seawright, Kristie - In: Omega 27 (1999) 6, pp. 595-604
In an event study, Hendricks and Singhal [Hendricks KB, Singhal VR. Quality awards and the market value of the firm: an empirical investigation. Management Sci 1996;42:415-36.] find evidence that firms that win quality awards are further rewarded with a stock price increase on the day of the award...