Purpose The purpose of this paper is to examine the effect of political connections in the value of companies listed on the Spanish stock market. Design/methodology/approach The authors study two issues on this topic: the impact on the company value of the appointment as director of an...

Purpose – The purpose of this paper is to investigate the relationships between regulatory changes, returns on equity and stock market valuations for Canadian food and non‐food agribusinesses. Design/methodology/approach – Two empirical approaches are employed. First, an event study is...

Purpose – The purpose of this paper is to determine the impact of the passage and signing of P.L. 111-353, the Food Safety Modernization Act (FSMA), on the market value of agribusiness firms. Design/methodology/approach – The authors conduct an event study of the shareholder value effects of...

Purpose – The purpose of this paper is to review the archival literature on market reactions to qualified audit reports and to seek to identify the different approaches used in those studies. In addition, the paper discusses the strengths and weaknesses of different approaches, summarizes key...

Purpose This paper aims to address the question of whether acquiring firm directors trading, prior to a merger or acquisition (M&A) announcement, predicts the share market reaction on M&A announcement. Design/methodology/approach Event studies and cross-section regression were used in this...

Purpose The purpose of this paper is to examine the effects of China’s Food Safety Law on its food industry. Design/methodology/approach First, an event study is employed to investigate the impact of regulatory changes on the food industry. Then the authors examine the association between the...

Purpose – This paper seeks to explore empirically the shareholder reactions to an officer leave of absence (OLOA) announcement. Design/methodology/approach – A standard event study methodology is applied to daily stock holding period returns. The sample studied consists of 104 firms...

Purpose – This study aims to explore the mutual relation of corporate accidents, stock market responses, and media coverage. Design/methodology/approach – This paper empirically investigated 119 listed firms' accidents during the 2005-2012 period using the methods of event study, correlation...

Purpose – The purpose of this paper is to examine the correspondence between the stock market's immediate reactions to new product introduction announcements and those products' subsequent commercial performance. Design/methodology/approach – The main study uses standard event study...

Logistics researchers often want to understand how particular management changes or external factors influence a firm. While this can be accomplished using operational or survey data, the authors outline an alternative approach using the event study method where inferences are made with the...