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This paper examines the impact of Olympic Sponsorship announcements on stock returns for sponsors of the ten Olympic … Summer Games held between 1984 and 2020. The paper finds that sponsorship announcements are associated with an average 0 ….44% impact on returns on the announcement day. This increase translates to a $61 million increase in sponsoring firms’ market …
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This work delivers the fast-moving concept of globalization into the hands of students. The breadth and depth of material covered in the text makes it appropriate for both undergraduate and graduate classes
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