Federal ID: 91-6001537
ISSN: 0022-1090 (Print) | 1756-6916 (Online)
Impact of Regulations on Firm Value: Evidence from the 2016 U.S. Presidential Election
Santanu Kundu ♦ Using the 2016 U.S. presidential election result as a shock to the expectations about the future regulatory environment, I find that most regulated firms earned approximately 4% higher cumulative abnormal stock returns than least regulated firms during…