An event study on the concealment of the blending ratio of waste paper.
An event study on the concealment of the blending ratio of waste paper.
复制标题
废纸掺混比例隐蔽事件研究
DOI:
10.1016/j.wasman.2008.11.029
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发表时间:
2009
期刊:
影响因子:
8.1
通讯作者:
K. Yamaguchi
中科院分区:
文献类型:
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作者:
K. Yamaguchi
We conducted an event study on the concealment of the blending ratio of waste paper with virgin pulp in Japan. By investigating 10 companies in the paper industry between May 30, 2007 and January 18, 2008, we clearly show that stock prices of the relevant companies were affected by the news on the concealment of the blending ratio of waste paper. In addition, the impact of the second event was found to be greater than that of the first event. Therefore, the concealment of major companies negatively affects the stock prices of non-major companies, which did not conceal information during this period. Thus, bad news is negatively assessed by the market, and this influence has spread in the paper industry in general.
DOI:
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发表时间:
2022
期刊:
影响因子:
--
作者:
Okada Isamu;Yanagi Itaru;Kubo Yoshiaki;Kikuchi Hirokazu;清水純;福田円;網谷龍介
通讯作者:
網谷龍介