... abnormal returns (CAR). Data are comprised of extracted alliance announcements reported during the period 2002–2015 from Securities Data Company (SDC) Platinum™, a Thomson Reuters service. Focus is placed on 2002–2015 to capture the post-dot-com adjustment period. Findings The paper provides insights...

... contracts awarded to publicly traded US construction firms for the years 2000 through 2009 are screened and these are analyzed by applying event study methodology. This paper estimates the effect of an event on stock market’s responses, using cumulative abnormal returns (CARs), and the CAR values...