Keywords: ETF
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Journal Articles
Review of Accounting and Finance (2023) 22 (2): 177–193.
Published: 03 February 2023
.../approach The authors examine changes in the Dow Jones Industrial Average (DJIA) from 1929 to 2019 to evaluate immediate and long-term market reactions after a component change. Using multiple event-study methodologies, the authors examine the full era, the pre- and post-exchange traded fund (ETF) windows...

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