Walker, Thomas J.; Thiengtham, Dolruedee; Ozocak, Onem; … - In: International Journal of Managerial Finance 3 (2007) 4, pp. 338-359
Purpose – The study aims to examine the stock price performance of publicly owned railroad companies following severe railroad accidents that resulted in the loss of human lives and/or hazardous material spills. The focus is on legal liability considerations as one of the primary factors that...