Search Results - "Journal of Finance"

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    Do stock investors value corporate sustainability? Evidence from an event study by Cheung, Adrian

    Published 2011
    “…The overall results support Harris and Eitan’s (The Journal of Finance 41(4), 815–829, 1986) price pressure hypothesis, which posits that event announcement does not carry information and any shift in demand (and hence the corresponding price change and liquidity change) is temporary.…”
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