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Keywords: Abnormal return
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Journal Articles
Effects of litigation under the Endangered Species Act on forest firm values
Available to Purchase
Journal:
Journal of Forest Economics
Journal of Forest Economics (2011) 17 (4): 388–398.
Published: 01 December 2011
... of U.S. forest products firms. The finding of abnormal returns revealed that all six events generated the expected positive or negative returns, and among them, four were statistically significant. Changes in systematic risk reflected the reaction of the stock market to the verdict announcements...
