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- W2809907942 abstract "Abstract The attention-grabbing hypothesis has been offered as a behavioural explanation for post-event abnormal returns for FDA drug approval announcements for NYSE listed firms. We show that when event-day mis-specification is accounted for, the market reaction is centred on the event-day and that the increase in firm value is driven by after-market-close approval announcements." @default.
- W2809907942 created "2018-07-10" @default.
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- W2809907942 date "2018-09-01" @default.
- W2809907942 modified "2023-09-24" @default.
- W2809907942 title "FDA approval announcements: Attention-grabbing or event-day misspecification?" @default.
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- W2809907942 doi "https://doi.org/10.1016/j.econlet.2018.06.024" @default.
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