Shoot-at-will: the effect of mass-shootings on US small gun manufacturers

Detalhes bibliográficos
Autor(a) principal: Areal, Nelson
Data de Publicação: 2018
Outros Autores: Carvalho, Ana
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://hdl.handle.net/1822/60216
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.
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spelling Shoot-at-will: the effect of mass-shootings on US small gun manufacturersMass-shootingsSin stocksEvent-studyCross-correlationMass 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.Fundação para a Ciência e Tecnologia (FCT), COMPETE, FEDER, QREN, PT2020info:eu-repo/semantics/publishedVersionUniversidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)Universidade do MinhoAreal, NelsonCarvalho, Ana20182018-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/1822/60216enghttps://www.eeg.uminho.pt/pt/investigar/nipe/Paginas/publicacoes.aspxinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-05-11T06:23:01Zoai:repositorium.sdum.uminho.pt:1822/60216Portal AgregadorONGhttps://www.rcaap.pt/oai/openairemluisa.alvim@gmail.comopendoar:71602024-05-11T06:23:01Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Shoot-at-will: the effect of mass-shootings on US small gun manufacturers
title Shoot-at-will: the effect of mass-shootings on US small gun manufacturers
spellingShingle Shoot-at-will: the effect of mass-shootings on US small gun manufacturers
Areal, Nelson
Mass-shootings
Sin stocks
Event-study
Cross-correlation
title_short 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_sort Shoot-at-will: the effect of mass-shootings on US small gun manufacturers
author Areal, Nelson
author_facet Areal, Nelson
Carvalho, Ana
author_role author
author2 Carvalho, Ana
author2_role author
dc.contributor.none.fl_str_mv Universidade do Minho
dc.contributor.author.fl_str_mv Areal, Nelson
Carvalho, Ana
dc.subject.por.fl_str_mv Mass-shootings
Sin stocks
Event-study
Cross-correlation
topic Mass-shootings
Sin stocks
Event-study
Cross-correlation
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.
publishDate 2018
dc.date.none.fl_str_mv 2018
2018-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://hdl.handle.net/1822/60216
url https://hdl.handle.net/1822/60216
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://www.eeg.uminho.pt/pt/investigar/nipe/Paginas/publicacoes.aspx
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv mluisa.alvim@gmail.com
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