Event Studies In Management Research: Theoretical And Empirical Issues

We examined the use of event studies in management research and found that there was inadequate attention paid to theoretical and research design issues. This lack of attention may lead to false in...

[1]  David Mayers,et al.  Trading rules, large blocks and the speed of price adjustment , 1977 .

[2]  R. Cook.  Influential Observations in Linear Regression , 1979 .

[3]  T. Cook,et al.  Quasi-experimentation: Design & analysis issues for field settings , 1979 .

[4]  Jerold B. Warner,et al.  MEASURING SECURITY PRICE PERFORMANCE , 1980 .

[5]  George Foster.  Accounting policy decisions and capital market research , 1980 .

[6]  James Owers,et al.  Security price reactions around corporate spin-off announcements , 1983 .

[7]  Michael C. Jensen,et al.  The market for corporate control , 1983 .

[8]  Jerold B. Warner,et al.  On corporate governance: A study of proxy contests , 1983 .

[9]  John J. McConnell,et al.  Corporate Combinations and Common Stock Returns: The Case of Joint Ventures , 1985 .

[10]  A. Kalay,et al.  Predictable events and excess returns: The case of dividend announcements , 1985 .

[11]  Jerold B. Warner,et al.  Using daily stock returns: The case of event studies , 1985 .

[12]  C. Olson,et al.  The Impact of Strikes on Shareholder Equity , 1986 .

[13]  P. R. Chandy,et al.  Management Turnover Through Deaths of Key Executives: Effects on Investor Wealth , 1986 .

[14]  Sayan Chatterjee,et al.  Types of Synergy and Economic Value: The Impact of Acquisitions on Merging and Rival Firms , 1986 .

[15]  B. E. Becker,et al.  Concession Bargaining: The Impact on Shareholders' Equity , 1987 .

[16]  Andrei Shleifer,et al.  Breach of Trust in Hostile Takeovers , 1987 .

[17]  Donald Siegel,et al.  Productivity and Changes in Ownership of Manufactoring Plants , 1987 .

[18]  Randolph P. Beatty,et al.  Ceo change and firm performance in large corporations: Succession effects and manager effects , 1987 .

[19]  Michael Lubatkin,et al.  Merger strategies and stockholder value , 1987 .

[20]  Cynthia A. Montgomery,et al.  Corporate acquisition strategies and economic performance , 1987 .

[21]  J. McGuire,et al.  Effects of Top Managers' Cabinet Appointments on Shareholders' Wealth , 1988 .

[22]  R. Litzenberger,et al.  Announcement effects of new equity issues and the use of intraday price data , 1988 .

[23]  W. Davidson,et al.  The Impact of Announcements of Corporate Illegalities on Shareholder Returns , 1988 .

[24]  Alfred A. Marcus,et al.  ON USING EVENT-STUDY METHODOLOGY IN STRATEGIC MANAGEMENT RESEARCH , 1988 .

[25]  Kae H. Chung,et al.  Stockholder Reactions to CEO Changes in Large Corporations , 1989 .

[26]  William P. Rogerson,et al.  Profit Regulation of Defense Contractors and Prizes for Innovation , 1989, Journal of Political Economy.

[27]  F. Lichtenberg,et al.  The Effects of Leveraged Buyouts on Productivity and Related Aspects of Firm Behavior , 1989 .

[28]  Stewart D. Friedman,et al.  CEO SUCCESSION AND STOCKHOLDER REACTION: THE INFLUENCE OF ORGANIZATIONAL CONTEXT AND EVENT CONTENT , 1989 .

[29]  A. Seth.  Value creation in acquisitions: A re‐examination of performance issues , 1990 .

[30]  Jeffry M. Netter,et al.  Shareholder Wealth Effects of the 1986 Ohio Antitakeover Law Revisited: Its Real Effects , 1990 .

[31]  Charles C. Snow,et al.  Stock market reaction to strategic investment decisions , 1990 .

[32]  M. Weisbach,et al.  The Success of Acquisitions: Evidence from Disvestitures , 1990 .

[33]  W. Davidson,et al.  Key Executive Succession and Stockholder Wealth: The Influence of Successorys Origin, Position, and Age , 1990 .

[34]  Robert E. Hoskisson,et al.  Effects Of Acquisitions on R&D Inputs and Outputs , 1991 .

[35]  Wallace N. Davidson,et al.  Layoff Announcements and Stockholder Wealth , 1991 .

[36]  W. Davidson,et al.  Research notes and communications: The effect of product recall announcements on shareholder wealth , 1992 .

[37]  M. Salinger.  Value Event Studies , 1992 .

[38]  Constantinos C. Markides,et al.  Consequences Of Corporate Refocusing: Ex Ante Evidence , 1992 .

[39]  Thomas A. Turk.  Takeover Resistance, Information Leakage, and Target Firm Value , 1992 .

[40]  M. Lubatkin,et al.  CULTURAL DIFFERENCES AND SHAREHOLDER VALUE IN RELATED MERGERS: LINKING EQUITY AND HUMAN CAPITAL , 1992 .

[41]  Joseph T. Mahoney,et al.  An empirical investigation of the effect of corporate charter antitakeover amendments on stockholder wealth , 1993 .

[42]  W. Davidson,et al.  Stockholder Reactions To Departures and Appointments of Key Executives Attributable To Firings , 1993 .

[43]  Thomas A. Turk,et al.  Antitrust Policy and Mergers: The Wealth Effect of Supreme Court Decisions , 1993 .

[44]  Wallace N. Davidson,et al.  The Stock Market Effects of CEO Succession in Bankrupt Firms , 1993 .

[45]  Praveen R. Nayyar,et al.  Stock market reactions to related diversification moves by service firms seeking benefits from information asymmetry and economies of scope , 1993 .

[46]  C. Jacobson,et al.  Investor response to health care cost containment legislation: is American health policy designed to fail? , 1994, Academy of Management journal. Academy of Management.

[47]  I. Karafiath,et al.  On the Efficiency of Least Squares Regression with Security Abnormal Returns as the Dependent Variable , 1994, Journal of Financial and Quantitative Analysis.

[48]  Martin B. Meznar,et al.  EFFECT OF ANNOUNCEMENTS OF WITHDRAWAL FROM SOUTH AFRICA ON STOCKHOLDER WEALTH , 1994 .

[49]  John M. Clinebell,et al.  The Effect of Advance Notice of Plant Closings on Firm Value , 1994 .

[50]  Janine S. Hiller,et al.  Competitiveness through Management of Diversity: Effects on Stock Price Valuation , 1995 .

[51]  B. E. Becker,et al.  Union Rents as a Source of Takeover Gains among Target Shareholders , 1995 .

[52]  John E. Prescott,et al.  Market Value Impact Of Joint Ventures: The Effect Of Industry Information-Processing Load , 1995 .

[53]  Praveen R. Nayyar,et al.  Stock market reactions to customer service changes , 1995 .

[54]  E. Groshen,et al.  Do Hostile Takeovers Reduce Extramarginal Wage Payments , 1995 .

[55]  L. Preston,et al.  The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications , 1995 .

[56]  Judith F. Posnikoff.  Disinvestment From South Africa: They Did Well By Doing Good , 1997 .