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The impact of union-sponsored boycotts on the stock prices of target firms

The impact of union-sponsored boycotts on the stock prices of target firms An empirical analysis of the impact of union-sponsored boycotts on the stock prices of target firms strongly suggests that union boycott announcements initially lead to economically and statistically significant losses in the stock prices of the target firms. However, this short-term price decline is almost completely erased by rebounds in stock prices over the ensuing 15 trading days. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Labor Research Springer Journals

The impact of union-sponsored boycotts on the stock prices of target firms

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References (4)

Publisher
Springer Journals
Copyright
Copyright
Subject
Social Sciences; Social Sciences, general
ISSN
0195-3613
eISSN
1936-4768
DOI
10.1007/BF02685318
Publisher site
See Article on Publisher Site

Abstract

An empirical analysis of the impact of union-sponsored boycotts on the stock prices of target firms strongly suggests that union boycott announcements initially lead to economically and statistically significant losses in the stock prices of the target firms. However, this short-term price decline is almost completely erased by rebounds in stock prices over the ensuing 15 trading days.

Journal

Journal of Labor ResearchSpringer Journals

Published: Aug 9, 2007

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