Abstract
We examined the use of event studies in management research and found that there was inadequate attention paid to theoretical and research design issues. This lack of attention may lead to false inferences regarding the significance of the events and the validity of the theories being tested. To illustrate the extent of this problem, we attempted to replicate three recent studies. To guide authors and reviewers, we outline procedures for appropriate use of the event study method.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 626-657 |
| Number of pages | 32 |
| Journal | Academy of Management Journal |
| Volume | 40 |
| Issue number | 3 |
| DOIs | |
| State | Published - Jun 1997 |
ASJC Scopus subject areas
- Business and International Management
- General Business, Management and Accounting
- Strategy and Management
- Management of Technology and Innovation