Autori
Kang, Taeuk
Kim, Jin-Woo
Chen, Hui-Chuan

Titolo
Are awards always aewards? A theoretical review
Periodico
Symphonya
Anno: 2023 - Fascicolo: 1 - Pagina iniziale: 54 - Pagina finale: 67

This study reviews whether award-winning firms show improved performance and receive a positive reaction from the market in accordance with theoretical expectations. However, the existing literature shows inconsistent results in market reaction. This present study attempts to assess whether all awards are valuable, along with the provision of the rationale to explain why the results of previous studies are inconsistent. Finally, we offer four propositions to effectively investigate the association between such achievements and the reactions of the market and the firm's performance.



SICI: 1593-0300(2023)1<54:AAAAAT>2.0.ZU;2-X
Testo completo: https://symphonya.unicusano.it/article/view/13691/12024

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