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What is Stock Market Reaction

Applied Guide for Event Study Research in Supply Chain Management
A sudden and short-lived change in the stock prices in reaction to the event. The stock market reaction, measured by the abnormal returns, is usually the focus of the main hypothesis in the event study project.
Published in Chapter:
Interpreting the Results: Making Sense of Study Findings
Copyright: © 2022 |Pages: 12
DOI: 10.4018/978-1-7998-8969-4.ch012
Abstract
This chapter focuses on the steps following the analysis. First, the main results have been identified, but their meaning, consequence, and implications must be derived and communicated. Second, scholars must analyze their findings to work out ‘what does this mean' and establish how to write up the results. Third, the chapter examines past studies' findings and then discusses how they can be interpreted. Several examples are provided throughout to illustrate key points being made. Finally, the chapter examines the writing process, distinguishing between writing a dissertation for examiners and articles to be read by other researchers. The writing process involves discussing the findings and extracting implications for practice and research.
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More Results
Introduction to the Event Study Method in Management and Supply Chain Management Research
A sudden and fast change in the stock prices in reaction to the event, capturing the unbiased estimate of the consequences of the news on the stock’s long-term prospects. The stock market reaction, measured by the abnormal returns, is usually the focus of the main hypothesis in the event study project.
Full Text Chapter Download: US $37.50 Add to Cart
Event Study Examples: Management and Supply Chain Cases
A sudden and fast change in the stock prices in reaction to the event, capturing the unbiased estimate of the consequences of the news on the stock’s long-term prospects. The stock market reaction, measured by the abnormal returns, is usually the focus of the main hypothesis in the event study project.
Full Text Chapter Download: US $37.50 Add to Cart
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