How policy changes affect shareholder wealth: the case of the Fukushima Dai-ichi nuclear disaster

Andr� Betzer, Markus Doumet and Ulf Rinne

Applied Economics Letters, 2013, vol. 20, issue 8, 799-803

Abstract: This article analyses how policy changes affect shareholder wealth by exploiting the unexpected German reaction to the Japanese nuclear disaster. Event study results show that energy companies' shareholder wealth was affected by the policy reaction and not by the disaster.

Date: 2013
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Working Paper: How Policy Changes Affect Shareholder Wealth: The Case of the Fukushima Daiichi Nuclear Disaster (2011)
Working Paper: How Policy Changes Affect Shareholder Wealth: The Case of the Fukushima Daiichi Nuclear Disaster (2011)
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DOI: 10.1080/13504851.2012.748172

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