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David Card and Alan Krueger's Myth and Measurement: The New Economics of the Minimum Wage is perhaps the most cited comprehensive treatment of the economics of the minimum wage. One element of Card and Krueger's (1995) analysis pertains to the effect of anticipated minimum wage increases on...
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This paper examines the impact of the minimum wage legislation on firms' performance through the abnormal returns of share prices. Abnormal returns are estimated for events throughout the legislation in Hong Kong. Evidences show that the anticipated impact of the minimum wage on firms'...
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How does the value of a firm change in response to a minimum wage hike? The evidence we have to date is not well-suited to answer this question, principally because events that have been studied are not completely unknown to the stock market or have uncertainty associated with them. This paper...
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In 2011, Italy introduced gender quotas for boards of directors of companies listed on its stock market. Comparing … the stock price reaction to the introduction of gender quotas. A positive effect of the quota law on stock market returns … emerges at the date of the board's election. Our results are consistent with gender quotas giving rise to a beneficial …
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