Benkraiem, Ramzi; Louhichi, Waël; Marques, Pierre - In: Management Decision 47 (2009) 1, pp. 100-109
Purpose – This paper aims to study the stock market reaction to sporting results of European listed football clubs. Specifically, it tries to examine the impact of the sporting results on the stock market valuation in terms of abnormal returns and trading volume around the dates of matches....