Publicação
Shoot-at-will: the effect of mass-shootings on US small gun manufacturers
| Resumo: | Mass shootings have become a frequent occurrence in the US, attracting extensive media coverage and provoking public condemnation. The fi nancial impact of such tragedies are seldom examined. In this study, we use an event study methodology to analyse the impact of 83 mass shootings on the value of 15 US gun and ammunition manufacturers from 1982 to 2017. In contrast to previous fi ndings, we fi nd no statistically signi cant impact on the returns of these fi rms, suggesting investors no longer fear the threat of restrictive regulation that may negatively affect these businesses. |
|---|---|
| Autores principais: | Areal, Nelson |
| Outros Autores: | Carvalho, Ana |
| Assunto: | Mass-shootings Sin stocks Event-study Cross-correlation |
| Ano: | 2018 |
| País: | Portugal |
| Tipo de documento: | working paper |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade do Minho |
| Idioma: | inglês |
| Origem: | RepositóriUM - Universidade do Minho |
| _version_ | 1867439119450243072 |
|---|---|
| author | Areal, Nelson |
| author2 | Carvalho, Ana |
| author2_role | author |
| author_facet | Areal, Nelson Carvalho, Ana |
| author_role | author |
| contributor_name_str_mv | RepositóriUM - Universidade do Minho |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Areal, Nelson\"},{\"Person.name\":\"Carvalho, Ana\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | RepositóriUM - Universidade do Minho |
| datacite.creators.creator.creatorName.fl_str_mv | Areal, Nelson Carvalho, Ana |
| datacite.date.Accepted.fl_str_mv | 2018-01-01T00:00:00Z |
| datacite.date.available.fl_str_mv | 2019-04-29T09:00:02Z |
| datacite.date.embargoed.fl_str_mv | 2019-04-29T09:00:02Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | Mass-shootings Sin stocks Event-study Cross-correlation |
| datacite.titles.title.fl_str_mv | Shoot-at-will: the effect of mass-shootings on US small gun manufacturers |
| dc.contributor.none.fl_str_mv | RepositóriUM - Universidade do Minho |
| dc.creator.none.fl_str_mv | Areal, Nelson Carvalho, Ana |
| dc.date.Accepted.fl_str_mv | 2018-01-01T00:00:00Z |
| dc.date.available.fl_str_mv | 2019-04-29T09:00:02Z |
| dc.date.embargoed.fl_str_mv | 2019-04-29T09:00:02Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | https://hdl.handle.net/1822/60216 |
| dc.language.none.fl_str_mv | eng |
| dc.publisher.none.fl_str_mv | Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE) |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | Mass-shootings Sin stocks Event-study Cross-correlation |
| dc.title.fl_str_mv | Shoot-at-will: the effect of mass-shootings on US small gun manufacturers |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_8042 |
| description | Mass shootings have become a frequent occurrence in the US, attracting extensive media coverage and provoking public condemnation. The fi nancial impact of such tragedies are seldom examined. In this study, we use an event study methodology to analyse the impact of 83 mass shootings on the value of 15 US gun and ammunition manufacturers from 1982 to 2017. In contrast to previous fi ndings, we fi nd no statistically signi cant impact on the returns of these fi rms, suggesting investors no longer fear the threat of restrictive regulation that may negatively affect these businesses. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | workingPaper |
| fulltext.url.fl_str_mv | https://repositorium.uminho.pt/bitstreams/b8ed9a68-cb15-4f36-a308-f96a87fe3f9e/download |
| id | rum_400a4daa9b7ceb3b3ab2280dfb0bfd78 |
| identifier.url.fl_str_mv | https://hdl.handle.net/1822/60216 |
| instacron_str | repositorium |
| institution | Universidade do Minho |
| instname_str | Universidade do Minho |
| language | eng |
| network_acronym_str | rum |
| network_name_str | RepositóriUM - Universidade do Minho |
| oai_identifier_str | oai:repositorium.uminho.pt:1822/60216 |
| organization_str_mv | urn:organizationAcronym:repositorium |
| person_str_mv | Areal, Nelson Carvalho, Ana |
| publishDate | 2018 |
| publisher.none.fl_str_mv | Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE) |
| reponame_str | RepositóriUM - Universidade do Minho |
| repository_id_str | urn:repositoryAcronym:rum |
| service_str_mv | urn:repositoryAcronym:rum |
| spelling | engUniversidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)porMass shootings have become a frequent occurrence in the US, attracting extensive media coverage and provoking public condemnation. The fi nancial impact of such tragedies are seldom examined. In this study, we use an event study methodology to analyse the impact of 83 mass shootings on the value of 15 US gun and ammunition manufacturers from 1982 to 2017. In contrast to previous fi ndings, we fi nd no statistically signi cant impact on the returns of these fi rms, suggesting investors no longer fear the threat of restrictive regulation that may negatively affect these businesses.application/pdfporShoot-at-will: the effect of mass-shootings on US small gun manufacturersAreal, NelsonCarvalho, AnaHostingInstitutionOrganizationalRepositóriUM - Universidade do Minhoe-mailmailto:repositorium@usdb.uminho.ptrepositorium@usdb.uminho.pt2019-04-29T09:00:02Z20182018-01-01T00:00:00ZHandlehttps://hdl.handle.net/1822/60216http://purl.org/coar/access_right/c_abf2open accessMass-shootingsSin stocksEvent-studyCross-correlation1362577 bytesother research producthttp://purl.org/coar/resource_type/c_8042working paperhttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorium.uminho.pt/bitstreams/b8ed9a68-cb15-4f36-a308-f96a87fe3f9e/download |
| spellingShingle | Shoot-at-will: the effect of mass-shootings on US small gun manufacturers Areal, Nelson Mass-shootings Sin stocks Event-study Cross-correlation |
| status | SINGLETON |
| subject.fl_str_mv | Mass-shootings Sin stocks Event-study Cross-correlation |
| title | Shoot-at-will: the effect of mass-shootings on US small gun manufacturers |
| title_full | Shoot-at-will: the effect of mass-shootings on US small gun manufacturers |
| title_fullStr | Shoot-at-will: the effect of mass-shootings on US small gun manufacturers |
| title_full_unstemmed | Shoot-at-will: the effect of mass-shootings on US small gun manufacturers |
| title_short | Shoot-at-will: the effect of mass-shootings on US small gun manufacturers |
| title_sort | Shoot-at-will: the effect of mass-shootings on US small gun manufacturers |
| topic | Mass-shootings Sin stocks Event-study Cross-correlation |
| topic_facet | Mass-shootings Sin stocks Event-study Cross-correlation |
| url | https://hdl.handle.net/1822/60216 |
| visible | 1 |