Are employee decisions informative in the stock market? : evidence from employee downsizing in Japan
Year of publication: |
2025
|
---|---|
Authors: | Fujiyama, Keishi ; Fukaya, Yusuke ; Hong, Philip K. ; Moriwaki, Toshio |
Published in: |
Finance research letters. - New York : Elsevier Science, ISSN 1544-6123, ZDB-ID 2145766-9. - Vol. 73.2025, Art.-No. 106611, p. 1-10
|
Subject: | Cumulative abnormal return | Employee downsizing | Market reaction | Private information | Japan | Personalabbau | Downsizing (Staff) | Kapitaleinkommen | Capital income | Asymmetrische Information | Asymmetric information | Börsenkurs | Share price | Ankündigungseffekt | Announcement effect |
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