The Competitors’ Response to a Bankruptcy Filing Announcement Made by a Stock-Listed Company Depending on Sector Characteristics
The main aim of the article is to determine how the bankruptcy filing announcement of a stock listed company affects the market valuation of its competitors, depending on sector characteristics. An event study was conducted on the example of returns to shares of companies comprised in the WIG index...
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| Format: | Article |
| Language: | English |
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Maria Curie-Skłodowska University, Lublin, Poland
2021-05-01
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| Series: | Annales Universitatis Mariae Curie-Skłodowska Sectio H, Oeconomia |
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| Online Access: | https://journals.umcs.pl/h/article/view/11499 |