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Keywords: Monopolies
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Journal Articles
Journal:
Review of Accounting and Finance
Review of Accounting and Finance (2006) 5 (4): 393–409.
Published: 01 October 2006
... abnormal returns for firms announcing a GCO should be negative and significant. A priori expectations foresee industry firms suffering significant negative average abnormal returns as investor reactions produce a contagion effect. Competition should not occur in a monopoly situation, although portfolio...
