How policy changes affect shareholder wealth: the case of the Fukushima Dai-ichi nuclear disaster

Betzer, André ; Doumet, Markus ; Rinne, Ulf

Document Type: Article
Year of publication: 2012
The title of a journal, publication series: Applied Economics Letters
Volume: 20
Issue number: 8
Page range: 799-803
Place of publication: Abingdon
Publishing house: Routledge
ISSN: 1350-4851 , 1350-5851
Publication language: English
Institution: Business School > ABWL u. Finanzierung (Theissen 2009-)
Subject: 330 Economics
Classification: JEL: Q54 , Q48 , G38,
Keywords (English): electric power , nuclear power , event study , environment
Abstract: This article analyses how policy changes affect shareholder wealth by exploiting the unexpected German reaction to the Japanese nuclear disaster. Event study results show that energy companies’ shareholder wealth was affected by the policy reaction and not by the disaster.

Dieser Eintrag ist Teil der Universitätsbibliographie.

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