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Author
Mrhari El Mehdi (Ibn Tofail University, Morocco), Hasssouni Mohammed (Ibn Tofail University, Morocco)
Title
Does stock market take into consideration football players' injuries?
Source
Research Papers in Economics and Finance, 2023, vol. 7, nr 1, s. 89-100, tab., bibliogr. 33 poz.
Keyword
Sport, Stopa zwrotu akcji, Impreza sportowa
Sport, Stock rate of returns, Sport events
Note
summ.
Abstract
Injuries are a frequent risk in sports. This article analyses the repercussions of football players' injuries on the market returns of six European clubs: Ajax, Borussia Dortmund, Manchester United, Olympique Lyonnais, Benfica and Juventus over a period of three years. The originality of this study comes from the absence of scientific articles in this field. Based on the event study methodology, the results indicate that the sensitivity of stock prices to injuries is very low. Furthermore, the results show that the date of injury is a significant variable causing the effect on returns (Borussia Dortmund). However, injury severity, player status and COVID do not influence the price share.(original abstract)
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Bibliography
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ISSN
2543-6430
Language
eng
URI / DOI
http://dx.doi.org/10.18559/ref.2023.1.476
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