Matches in SemOpenAlex for { <https://semopenalex.org/work/W3044334568> ?p ?o ?g. }
Showing items 1 to 88 of
88
with 100 items per page.
- W3044334568 abstract "We investigate the impact on firms of joining the S&P 500 index from 1997 to 2017. We find that the positive announcement effect on the stock price of index inclusion has disappeared and the long-run impact of index inclusion has become negative. Inclusion worsens stock price informativeness and some aspects of governance. Compensation, investment, and financial policies change with index inclusion. For instance, payout policies of firms joining the index become more similar to the policies of their index peers. ROA falls following inclusion. There is no evidence of an impact of inclusion on competition.Institutional subscribers to the NBER working paper series, and residents of developing countries may download this paper without additional charge at www.nber.org." @default.
- W3044334568 created "2020-07-29" @default.
- W3044334568 creator A5004620923 @default.
- W3044334568 creator A5066384316 @default.
- W3044334568 creator A5074892298 @default.
- W3044334568 date "2020-01-01" @default.
- W3044334568 modified "2023-10-17" @default.
- W3044334568 title "Does Joining the S&P 500 Index Hurt Firms?" @default.
- W3044334568 doi "https://doi.org/10.2139/ssrn.3656628" @default.
- W3044334568 hasPublicationYear "2020" @default.
- W3044334568 type Work @default.
- W3044334568 sameAs 3044334568 @default.
- W3044334568 citedByCount "0" @default.
- W3044334568 crossrefType "journal-article" @default.
- W3044334568 hasAuthorship W3044334568A5004620923 @default.
- W3044334568 hasAuthorship W3044334568A5066384316 @default.
- W3044334568 hasAuthorship W3044334568A5074892298 @default.
- W3044334568 hasConcept C10138342 @default.
- W3044334568 hasConcept C107993555 @default.
- W3044334568 hasConcept C109359841 @default.
- W3044334568 hasConcept C111919701 @default.
- W3044334568 hasConcept C127413603 @default.
- W3044334568 hasConcept C136764020 @default.
- W3044334568 hasConcept C139043278 @default.
- W3044334568 hasConcept C144024400 @default.
- W3044334568 hasConcept C144133560 @default.
- W3044334568 hasConcept C151730666 @default.
- W3044334568 hasConcept C162324750 @default.
- W3044334568 hasConcept C200870193 @default.
- W3044334568 hasConcept C204036174 @default.
- W3044334568 hasConcept C2777382242 @default.
- W3044334568 hasConcept C2778098375 @default.
- W3044334568 hasConcept C2779251847 @default.
- W3044334568 hasConcept C2780154274 @default.
- W3044334568 hasConcept C2780299701 @default.
- W3044334568 hasConcept C2780762169 @default.
- W3044334568 hasConcept C39389867 @default.
- W3044334568 hasConcept C41008148 @default.
- W3044334568 hasConcept C50522688 @default.
- W3044334568 hasConcept C556758197 @default.
- W3044334568 hasConcept C78519656 @default.
- W3044334568 hasConcept C83864248 @default.
- W3044334568 hasConcept C86803240 @default.
- W3044334568 hasConcept C88389905 @default.
- W3044334568 hasConceptScore W3044334568C10138342 @default.
- W3044334568 hasConceptScore W3044334568C107993555 @default.
- W3044334568 hasConceptScore W3044334568C109359841 @default.
- W3044334568 hasConceptScore W3044334568C111919701 @default.
- W3044334568 hasConceptScore W3044334568C127413603 @default.
- W3044334568 hasConceptScore W3044334568C136764020 @default.
- W3044334568 hasConceptScore W3044334568C139043278 @default.
- W3044334568 hasConceptScore W3044334568C144024400 @default.
- W3044334568 hasConceptScore W3044334568C144133560 @default.
- W3044334568 hasConceptScore W3044334568C151730666 @default.
- W3044334568 hasConceptScore W3044334568C162324750 @default.
- W3044334568 hasConceptScore W3044334568C200870193 @default.
- W3044334568 hasConceptScore W3044334568C204036174 @default.
- W3044334568 hasConceptScore W3044334568C2777382242 @default.
- W3044334568 hasConceptScore W3044334568C2778098375 @default.
- W3044334568 hasConceptScore W3044334568C2779251847 @default.
- W3044334568 hasConceptScore W3044334568C2780154274 @default.
- W3044334568 hasConceptScore W3044334568C2780299701 @default.
- W3044334568 hasConceptScore W3044334568C2780762169 @default.
- W3044334568 hasConceptScore W3044334568C39389867 @default.
- W3044334568 hasConceptScore W3044334568C41008148 @default.
- W3044334568 hasConceptScore W3044334568C50522688 @default.
- W3044334568 hasConceptScore W3044334568C556758197 @default.
- W3044334568 hasConceptScore W3044334568C78519656 @default.
- W3044334568 hasConceptScore W3044334568C83864248 @default.
- W3044334568 hasConceptScore W3044334568C86803240 @default.
- W3044334568 hasConceptScore W3044334568C88389905 @default.
- W3044334568 hasLocation W30443345681 @default.
- W3044334568 hasOpenAccess W3044334568 @default.
- W3044334568 hasPrimaryLocation W30443345681 @default.
- W3044334568 hasRelatedWork W13955982 @default.
- W3044334568 hasRelatedWork W15204444 @default.
- W3044334568 hasRelatedWork W23275178 @default.
- W3044334568 hasRelatedWork W25772782 @default.
- W3044334568 hasRelatedWork W31543301 @default.
- W3044334568 hasRelatedWork W34106677 @default.
- W3044334568 hasRelatedWork W421156 @default.
- W3044334568 hasRelatedWork W6440134 @default.
- W3044334568 hasRelatedWork W7649664 @default.
- W3044334568 hasRelatedWork W39069071 @default.
- W3044334568 isParatext "false" @default.
- W3044334568 isRetracted "false" @default.
- W3044334568 magId "3044334568" @default.
- W3044334568 workType "article" @default.