论文信息 - THE EFFECT OF AVIATION DISASTERS ON THE AIR TRANSPORT INDUSTRY : A FINANCIAL MARKET PERSPECTIVE

THE EFFECT OF AVIATION DISASTERS ON THE AIR TRANSPORT INDUSTRY : A FINANCIAL MARKET PERSPECTIVE

When an aircraft crashes, there is an immediate fall in the market price of the stocks of the airline, but no subsequent reaction. The stocks of other airlines and of aircraft manufacturers are not affected.

Don M. Chance | D. Chance | Stephen P. Ferris

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