Soepriyanto, Gatot; Santoso, Paulina - In: International Journal of Finance & Banking Studies 2 (2013) 2, pp. 76-86
The objective of this study is to assess the share price reactions to smoking ban fatwa on Indonesia tobacco’s company …. We expect that the smoking ban fatwa in the world’s largest Muslim population will hit the tobaccos industry revenues … standard market model to calculate abnormal returns of the tobacco’s firms related to the news of smoking ban fatwa. Our study …