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Published in 2017 at "Applied Economics Letters"
DOI: 10.1080/13504851.2016.1221035
Abstract: ABSTRACT This article examines the intra-industry market reaction to successive environmental accidents associated with Sinopec and PetroChina in China. Evidence indicates that a significantly negative intra-industry reaction occurred after these accidents. Furthermore, intra-industry firms with…
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Keywords:
intra industry;
industry market;
industry;
market reaction ... See more keywords