Chandy, P. R.; Davidson, W. N.; Garrison, Sharon; … - In: Journal of Insurance Issues 9 (1986) 1, pp. 73-89
The purpose of this article is to test empirically the impact of key executive death on the value of the firm's stock. For this purpose, data on 127 key executives who died over the period 1967 to 1981 was collected. These executives were from firms whose stocks traded on either the NYSE or the...