TY - JOUR
AU - Gunthorpe, Deborah
AB - This study examines whether the financial markets penalize public corporations for unethical business practices. Using event study methodology, it is found that upon the announcement that a firm is under investigation or has in some way engaged in unethical behavior, a statistically significant negative abnormal (excess) return is found. This suggests that firms are indeed penalized for their unethical actions.
TI - Business Ethics: A Quantitative Analysis of the Impact of Unethical Behavior by Publicly Traded Corporations
JF - Journal of Business Ethics
DO - 10.1023/A:1017985519237
DA - 2004-10-15
UR - https://www.deepdyve.com/lp/springer-journals/business-ethics-a-quantitative-analysis-of-the-impact-of-unethical-4LO3Kt0925
SP - 537
EP - 543
VL - 16
IS - 5
DP - DeepDyve
ER -