| Autor: |
Dinh Kien Cao, Hai Yen Hoang |
| Jazyk: |
angličtina |
| Rok vydání: |
2013 |
| Předmět: |
|
| Zdroj: |
Journal of International Economics and Management, Iss 59, Pp 60-72 (2013) |
| Druh dokumentu: |
article |
| ISSN: |
2615-9856 |
| Popis: |
The paper investigatesreaction of the stock market (NASDAQ and NYSE) to 97 announcements of corporate headquarters relocations in the January 1990-August 2008 period. The results indicate thatthe stock market has no initial reaction to those relocating decisions as a whole, which contradicts with earlier findings. Furthermore, the reaction does not differ for the manufacturing, services, and wholesale/retail sectors of the economy. However, the empirical evidences show that the past financial performance of a corporationinfluenced its decision to relocate headquarter |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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