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- W2378914306 abstract "Using 5.12 Wenchuan Earthquake as the background,this paper analyses the capital market reaction to the philanthropy information disclosed by the listed companies during the period of 2008.5.12～2008.6.12.The results indicate that the philanthropy announcement issued by the listed companies could bring about a significant market reaction in the stock market.The timeliness of information disclosure and donation amount are main factors that affect the extent of market reaction.The relationship between the market reaction and the company industry is significant,however,different from the other markets,the market reaction of the companies belonging to the non-sensitive industry in Chinese capital market is stronger than those belonging to the sensitive industry." @default.
- W2378914306 created "2016-06-24" @default.
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- W2378914306 date "2011-01-01" @default.
- W2378914306 modified "2023-09-28" @default.
- W2378914306 title "The Market Reaction to Philanthropy Announcement Issued by Chinese Listed Companies after Wenchuan Earthquake" @default.
- W2378914306 hasPublicationYear "2011" @default.
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