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Impact of Terrorism on Hospitality Stocks and the Role of Investor Sentiment
9 references·2 citing·46 second hop
Impact of Terrorism on Hospitality Stocks and the Role of Investor Sentiment (2011)Impact of Terrorism on Hospitality Stocks…CALCULATING TRAGEDY: ASSESSING THE COSTS OF TERRORISM (2007)CALCULATING TRAGEDY: ASSESSIN…The market’s reaction to unexpected, catastrophic events: the case of airline stock returns and the September 11th attacks (2004)The market’s reaction to unex…The macroeconomic consequences of terrorism (2004)The macroeconomic consequence…The effects of terrorism on global capital markets (2004)The effects of terrorism on g…Terrorism-induced structural shifts in financial risk: airline stocks in the aftermath of the September 11th terror attacks (2004)Terrorism-induced structural …Fiscal consequences of armed conflict and terrorism in low- and middle-income countries (2004)Fiscal consequences of armed …Financial markets and terrorism (2004)Financial markets and terrori…What Can “Nine‐Eleven” Tell Us about Closed‐end Fund Discounts and Investor Sentiment? (2003)What Can “Nine‐Eleven” Tell U…Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Returns to Buying Winners and…A review of research into drivers of firm value through event studies in tourism and hospitality: Launching the Annals of Tourism Research curated collection on drivers of firm value through event studies in tourism and hospitality (2022)A review of research into dri…Financial challenges in the Indian hospitality industry (2012)Financial challenges in the I…A SENSITIVITY ANALYSIS OF CROSS-COUNTRY GROWTH REGRESSIONS (1991)The Colonial Origins of Comparative Development: An Empirical Investigation (2001)The political economy of terrorism (2006)Domestic versus transnational terrorism: Data, decomposition, and dynamics (2011)The Colonial Origins of Comparative Development: An Empirical Investigation: Reply (2012)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Political Economy of Terrorism (2011)The Adjustment of Stock Prices to New Information (1969)Do Asset Fire Sales Exist? An Empirical Investigation of Commercial Aircraft Transactions (1998)The Adjustment of Stock Prices to New Information (2003)Large shocks and the September 11th terrorist attacks on international stock markets (2006)War and stock markets: The effect of World War Two on the British stock market (2015)Stock Market Reaction to Supply Chain Disruptions from the 2011 Great East Japan Earthquake (2017)Risk, Return, and Equilibrium: Empirical Tests (1973)Does the Stock Market Overreact? (1985)The Cross-Section of Expected Stock Returns (1992)Multifactor Explanations of Asset Pricing Anomalies (1996)On Persistence in Mutual Fund Performance (1997)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Closed-End Fund Puzzle (1991)Investor Sentiment and the Closed‐End Fund Puzzle (1991)Investor Sentiment and Stock Returns (2000)Endogenous versus Exogenous Origins of Crises (2006)Long-Term Stock Market Volatility and the Influence of Terrorist Attacks in Europe (2017)Corporate socio-political activism and retail investors: Evidence from the Black Lives Matter campaign (2023)Using daily stock returns (1985)The Economic Costs of Conflict: A Case Study of the Basque Country (2003)Terrorism and the world economy (2007)Geopolitical risks and stock market dynamics of the BRICS (2018)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Economic Growth in a Cross Section of Countries (1991)Terrorism and international business: A research agenda (2010)Assessing the Impacts of the Global Economic Crisis and Swine Flu on Inbound Tourism Demand in the United Kingdom (2011)Lock, stock, and barrel: a comprehensive assessment of the determinants of terror (2011)Economic Growth in a Cross Section of Countries (1989)Africa's Growth Tragedy: Policies and Ethnic Divisions (1997)On the origin of domestic and international terrorism (2011)The origins of terrorism: Cross-country estimates of socio-economic determinants of terrorism (2011)Vicious Circles: Violence, Vulnerability, and Climate Change (2021)Macroeconomic consequences of terror: theory and the case of Israel (2004)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Generalized autoregressive conditional heteroskedasticity (1986)Common risk factors in the returns on stocks and bonds (1993)
this work references cited by second hop

References

  • 1993Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency11,575 cited
  • 2004The macroeconomic consequences of terrorism688 cited
  • 2004The effects of terrorism on global capital markets532 cited
  • 2007CALCULATING TRAGEDY: ASSESSING THE COSTS OF TERRORISM439 cited
  • 2004Financial markets and terrorism293 cited
  • 2004Terrorism-induced structural shifts in financial risk: airline stocks in the aftermath of the September 11th terror attacks249 cited
  • 2004Fiscal consequences of armed conflict and terrorism in low- and middle-income countries201 cited
  • 2004The market’s reaction to unexpected, catastrophic events: the case of airline stock returns and the September 11th attacks190 cited
  • 2003What Can “Nine‐Eleven” Tell Us about Closed‐end Fund Discounts and Investor Sentiment?41 cited

Cited by

  • 2022A review of research into drivers of firm value through event studies in tourism and hospitality: Launching the Annals of Tourism Research curated collection on drivers of firm value through event studies in tourism and hospitality33 cited
  • 2012Financial challenges in the Indian hospitality industry21 cited

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