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- W1424885101 abstract "The stock market reaction to U.S. corporations an; nouncing withdrawal from South Africa is examined. The results do not show a statistically significant market reaction at the time of such announcements. This result is inconsistent with the view that investors who avoid the stock of firms engaged in business activities in South Africa are driving down the price of such stocks. The results are also inconsistent with the possibility that U.S. firms are yielding to social and economic pressure to withdraw by making decisions to abandon lucrative business ventures in South Africa." @default.
- W1424885101 created "2016-06-24" @default.
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- W1424885101 date "2008-10-25" @default.
- W1424885101 modified "2023-09-24" @default.
- W1424885101 title "The Market Reaction to U.S. Firms Announcing Withdrawal from South Africa" @default.
- W1424885101 hasPublicationYear "2008" @default.
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