邦斯菲尔德油库爆炸:哪里有烟，哪里就有(股市)火?

Applied Financial Economics Letters Pub Date : 2008-03-01 DOI:10.1080/17446540701579006

G. Capelle-Blancard, M. Laguna

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引用次数: 5

摘要

本研究考察了2005年Buncefield油库爆炸后股市的反应。与以往对技术灾难的研究一样，我们发现了对证券价格的不利影响。然而，四家涉事石油公司的平均异常收益仅为- 0.58%;也就是说，爆炸并没有让股东陷入恐慌性抛售。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The Buncefield oil depot explosion: where there's smoke, there's (stock market) fire?

This study examines the stock market response to the Buncefield oil depot explosion in 2005. Like previous studies on technological disasters, we find an adverse effect on security prices. However, average abnormal return is only −0.58% for the four oil firms involved in the accident; that is, the explosion did not throw shareholders into panic selling.

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Applied Financial Economics Letters

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