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Event studies: A methodology review
Author(s) -
Corrado Charles J.
Publication year - 2011
Publication title -
accounting and finance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.645
H-Index - 49
eISSN - 1467-629X
pISSN - 0810-5391
DOI - 10.1111/j.1467-629x.2010.00375.x
Subject(s) - event (particle physics) , event study , simplicity , management science , data science , empirical research , politics , computer science , positive economics , history , epistemology , economics , political science , law , philosophy , context (archaeology) , physics , archaeology , quantum mechanics
Originally developed as a statistical tool for empirical research in accounting and finance, event studies have since migrated to other disciplines as well, including economics, history, law, management, marketing, and political science. Despite the elegant simplicity of a standard event study, variations in methodology and their relative merits continue to attract attention in the literature. This paper reviews some of the fundamental topics in short‐term event study methodology, with an attempt to add new perspectives to some pressing topics.