Chatjuthamard, Pattanaporn; Jiraporn, Pornsit; … - In: Managerial Finance 46 (2020) 10, pp. 1217-1230
Purpose: The study investigates the effect of political risk on shareholder value, using an event study and a novel measure of firm-level political risk recently developed by Hassan et al. (2017). In addition, the authors explore how corporate social responsibility (CSR) influences the effect...